Apartments

404 Colombo Street, Sydenham, Christchurch

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Available
18
Apartments
Estimated Completion
Q1 2027

42
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60
m²
m²
1
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2
1
1
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1
0
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1
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Turn-Key

A modern collection of studios, one-bed, and two-bed homes in Sydenham, complete with quality finishes, secure parking options, and a rooftop communal space. Zoned for both long- and short-term rental, it delivers outstanding flexibility for owners and investors.

Positioned on the corner of Colombo and Wordsworth Streets, this development offers 18 thoughtfully designed homes in one of Sydenham’s most connected urban locations. Spread across three levels, the project features a mix of studio, one-bedroom, and two-bedroom layouts, providing flexible living options for both owner-occupiers and investors. The development sits on commercial-zoned land, giving buyers the unique ability to short-term or long-term rent, enhancing its investment appeal.

Each floor comprises nine modern units, including a studio, two two-bedroom homes, and six one-bedroom residences, all crafted with quality finishes that elevate everyday living. Select one-bedroom homes and all two-bedroom units include a secure car park, delivering convenience often hard to find in central Christchurch developments. Inside, residents will enjoy the sophistication of stone benchtops paired with reliable Panasonic and Arisit appliances.

A standout feature of this offering is the communal rooftop outdoor living area, creating a private retreat in the heart of the city. Whether used for relaxing, socialising, or simply taking in the surrounding neighbourhood views, it adds a valuable lifestyle layer to the development.

Situated in the lively heart of Sydenham, the development enjoys immediate access to local cafés, shops, supermarkets, and public transport along Colombo Street. The CBD is only minutes away, while the neighbourhood continues to grow with new hospitality, retail, and commercial offerings. Its position on a major city corridor ensures excellent connectivity, making it an attractive location for convenient, modern urban living.

With its prime position, flexible zoning, and quality construction, 404 Colombo Street presents a rare opportunity to secure adaptable, low-maintenance living in a thriving urban hub.

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Location

Nearby Essentials

Conveniently located near a wide range of amenities — including shops, restaurants, parks, and excellent schools — this neighborhood offers an ideal balance of modern urban living, accessibility, and a welcoming community atmosphere.

Disclaimer: School zoning information is indicative only and subject to change. Zoning eligibility is determined by schools and may vary over time.

Discover the Details

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Investment Overview

View Property Cashflow

$

400

-

$

550

Expected Weekly Rent

4.64

%

-

5.53

%

Gross Yield

($210) - ($123)

Weekly Cashflow

5.1

%

Capital Growth Rate
20 year average

Disclaimer: The figures shown above are indicative estimates only and are provided for general information purposes. Expected rent, yields, cashflow, and capital growth are not guaranteed and may change based on market conditions, interest rates, costs, and individual circumstances.

View Property Cashflow

Investment Insights

Investment Analysis & Insight

404 Colombo Street presents a compelling investment opportunity in the fast-growing suburb of Sydenham, one of Christchurch’s most dynamic fringe-CBD locations. With capital growth averaging 4.87% over the past 10 years and 5.10% over 20 years, Sydenham has demonstrated strong and consistent performance. The development offers a mix of studio, one-bed, and two-bedroom apartments priced between $399,000 and $599,000, sitting well below the suburb’s median sale price of $585,000. This price positioning provides immediate value uplift potential, especially as the area continues to experience regeneration and increased demand for high-quality, low-maintenance living close to the city.

A standout advantage of this project is its placement on commercially zoned land, enabling flexibility for both long-term residential tenancies and short-term accommodation, a rarity in Christchurch’s new-build market. Investors can tailor their strategy based on demand and yield preferences, with Sydenham’s proximity to the CBD, strong commuter flow, and growing visitor numbers supporting both rental pathways. Short-term accommodation is particularly attractive given the location’s walkability to shops, cafes, dining, and entertainment, while long-term tenants value the convenience of being just minutes from the central city.

Infrastructure and amenity investment across Christchurch further strengthens the case. The ongoing development of Te Kaha Stadium, set to become a major events and sports anchor for the region, is expected to inject significant economic activity and increase accommodation demand in surrounding suburbs like Sydenham. Our partner company, Thrive Investment Partners talks more about the significance of the stadium here.

Strong transport links, arterial routes, cycleways, and improved public transport networks enhance daily commuting, while nearby supermarkets, gyms, medical centres, and boutique retail along Colombo Street create a highly liveable urban environment. With affordable entry pricing, proven long-term capital growth, and dual-strategy rental versatility, 404 Colombo Street stands out as a strategic addition to any property investment portfolio.