AUCTION!
106/36A Welles Street, Chch Central
1
1
-
Positioned in the heart of the city and just a short stroll from the new Christchurch Stadium (due 2026), this modern one-bedroom apartment offers both lifestyle convenience and outstanding income potential.
Currently operating as a highly successful short-stay rental, the property boasts a stellar 9.7/10 average rating on Booking.com across 300+ reviews. Over the past four years it has run at near-full occupancy, with this year alone generating just over $74,000 gross income - and only four vacant nights. With weekend rates already lifted for summer 2025/26, next year's turnover is projected to exceed $80,000 gross.
The real advantage here is the transfer of an established, high-performing Booking.com account complete with forward bookings - providing the new owner with instant cashflow. What usually takes years to build is already in place. There's also scalability: secure another apartment in the complex and leverage the same account to grow returns further.
For investors, this represents commercial-level yields with the benefit of residential lending conditions. For owner-occupiers, it doubles as a stylish, lock-up-and-leave city pad within walking distance of cafés, bars, and all central attractions.
Opportunities with such a strong track record and immediate income stream are rare.
This won't last long so touch base to organise a viewing with Hayden. -
Chattels: Bathroom Extractor Fan, Blinds, Cooktop, Dishwasher, Fixed Floor Coverings, Heat Pump, Heated Towel Rail, Light Fittings, Rangehood, Smoke Detectors, Wall Oven
Other Rooms: Double Bedroom, Living Room
Hot Water: Electric
Heating: Air-conditioning, Central Heating / Ducted Heating, Electric
Kitchen: Open Plan
Dining: Open Plan Dining
Bathroom/Toilets: Combined Bth/WCs
Lounge: Lounge/Dining Combined
General: Decking/Patio
Views: City
Sewage System: Mains
Water: Town
Frontage: Street
Amenities: Close to Schools, Close to Shops, Close to Transport
-
To download the property files, please copy and paste the following into your browser:
https://www.propertyfiles.co.nz/property/L36689646
Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate. We highly recommend you to complete your own research and seek independent legal and/or technical advice.
Location & Area
Get In Touch!
Hayden Roulston
Harcourts Papanui
+64 21 721 699
hayden.roulston@harcourtsgold.co.nz
471 Papanui Road, Papanui, Christchurch