AUCTION!

106/36A Welles Street, Chch Central

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  • 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

 
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