HomeListingsChristchurch565 Madras Street
565 Madras Street
Christchurch
Citrus LivingAvailable

565 Madras Street

565 Madras Street, St Albans, Christchurch

Modern townhouses in the sought-after St Albans suburb of Christchurch. Quality construction with open-plan living, contemporary finishes, and private outdoor spaces. Excellent access to Christchurch CBD and major amenities.

Below $500KHigh Yield (5%+)St AlbansFreeholdNew Build

Mortgage & Yield Calculator

Customize Your Analysis

$141,600
10%50%
10 years30 years
Mortgage Rate: 6.5% p.a. (current NZ average)
Monthly Payment
$2,231
Loan: $330,400
Monthly Cashflow
-$1,452
After all costs & tax
Gross Yield
5.00%
Before expenses
Net Yield
1.98%
After expenses & tax

Annual Breakdown

Gross Rental Income+$23,520
Property Management (9%)−$2,117
Maintenance & Repairs (1.5%)−$7,080
Insurance−$1,350
Net Rental Income$12,973
Income Tax (28%)−$3,632
Net Income After Tax$9,341
Annual Mortgage Payments−$26,771
Equity Built (Principal)+$5,295
Annual Cashflow-$17,430
Note: This is a simplified estimate. Actual returns depend on vacancy rates, maintenance costs, and tax situation. Consult a tax advisor for your specific circumstances.

Want a detailed investment analysis for this property?

Chat with Alicia

Investment Breakdown

$472,000
Entry Price (SGD)
$625,000
Entry Price (NZD)
5%
Gross Yield
$1,960
Monthly Rent (SGD)

Simple Cashflow Example (SGD)

Purchase PriceSGD $472,000
Annual Rental IncomeSGD $23,520
Gross Yield5%
Net Yield (est. after costs)4.3%
Monthly Rental IncomeSGD $1,960

* Estimates only. Actual returns may vary. Does not include mortgage, management fees, or taxes.

Why This Property

Target Tenant Profile

Professionals, families, long-term tenants

Demand Drivers

  • St Albans — one of Christchurch's most sought-after suburbs
  • Walking distance to Hagley Park
  • Strong capital growth trajectory
  • Low supply of quality rentals

Nearby Infrastructure

Christchurch CBD — 1.5kmHagley Park — 1kmMerivale Mall — 1kmMajor hospitals nearby

Unit Types Available

2-bed townhouse
3-bed townhouse
3 units currently available

About Citrus Living

Citrus Living delivers high-quality, affordable homes across New Zealand with a proven track record of 550+ homes developed and $250M in combined market value. Founded by industry professionals — engineer, architect, and builder — they focus on Christchurch and Auckland.

550+ Homes Developed$250M Market Value10+ Years Experience

No spam. Alicia will contact you within 24 hours.