HomeListingsChristchurch38 Chelsea Street
38 Chelsea Street
Christchurch
WolfbrookAvailable

38 Chelsea Street

38 Chelsea Street, Linwood, Christchurch

Entry-level 1-bedroom apartment in Linwood. Excellent value with strong yield. Modern finishes and located in a growing Christchurch suburb with good rental demand.

ChristchurchLinwood1-bedEntry PriceHigh Yield (5%+)

Mortgage & Yield Calculator

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$120,900
10%50%
10 years30 years
Mortgage Rate: 6.5% p.a. (current NZ average)
Monthly Payment
$1,905
Loan: $282,100
Monthly Cashflow
-$1,136
After all costs & tax
Gross Yield
5.50%
Before expenses
Net Yield
2.29%
After expenses & tax

Annual Breakdown

Gross Rental Income+$22,200
Property Management (9%)−$1,998
Maintenance & Repairs (1.5%)−$6,045
Insurance−$1,350
Net Rental Income$12,807
Income Tax (28%)−$3,586
Net Income After Tax$9,221
Annual Mortgage Payments−$22,857
Equity Built (Principal)+$4,521
Annual Cashflow-$13,636
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.

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Investment Breakdown

$403,000
Entry Price (SGD)
$534,000
Entry Price (NZD)
5.5%
Gross Yield
$1,850
Monthly Rent (SGD)

Simple Cashflow Example (SGD)

Purchase PriceSGD $403,000
Annual Rental IncomeSGD $22,200
Gross Yield5.5%
Net Yield (est. after costs)4.6%
Monthly Rental IncomeSGD $1,850

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

Why This Property

Target Tenant Profile

Young professionals, students, first-time renters

Demand Drivers

  • Linwood — growing suburb
  • Entry price point
  • Strong rental demand
  • Good yields

Nearby Infrastructure

Linwood Shopping Centre — 0.5kmChristchurch CBD — 4kmSchools nearbyLocal shops

Unit Types Available

1-bed apartment
1 units currently available

About Wolfbrook

Wolfbrook was founded by two long-time property investors who build thoughtfully designed developments in high-growth areas. With over $100M under management through Wolfbrook Capital, they offer a 2-year rental guarantee on investment properties.

$100M+ Under Management2-Year Rental Guarantee6% Rental Return

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