68 | DEVELOPMENT Christchurch Property Group Kim Newth CPG delivering quality townhouses Early works have now commenced on-ste. A new townhouse development underway at 540 Armagh St, Christchurch combines all the convenience of an ideal city location with quality modern living – and on a sensational elevated site. Architecturally designed and with a landscaped terrace frontage that delivers next level street appeal, this exciting new development by Christchurch Property Group is generating plenty of interest as construction continues apace. The two-bed, two-bath and two-storey layout of these six townhouses – priced from $599,000 - makes them an attractive option for prospective homeowners or investors alike. All are oriented for maximum sun and designed to enjoy beautiful views from spacious first-floor bedrooms. Each dwelling features a landscaped outdoor area with a deck, plus a covered lockable storage unit and a foldable clothesline. Bedrooms are doubles with large wardrobes, and four of the units include a master bedroom with tiled ensuite. The bathrooms are modern and well-appointed. Downstairs, the ground floor plan includes open-plan kitchen (including leading brand kitchen appliances) and dining, a laundry cupboard and easy flow to the landscaped outdoor area. Dedicated car parks available for four units and plenty of off-street parking available for other units. Two of the townhouses in this appealing development, due to be completed in mid-2023, have already sold and there is keen interest from investors in the remainder. “From experience, we know this is a design that works well for working families with one child, or for couples who have someone moving into their dwelling, or for two people sharing the space,” says CPG Director Paul Punyadeep. “For investors these townhouses will generate good returns as rental properties or as short-term B&B accommodation now that international travel is bouncing back and tourism is taking off again. It’s actually a very good time to be investing in something like this, which ticks the boxes for both quality and affordability.” Even though the property market has slowed, astute property investors will appreciate how desirable townhouses such as these will generate positive yields from the outset and hold their value long term. “For first time investors, we can provide property management services and we have a proven track record to show people what they can expect from their investment going forward.” Paul brings more than 20 years’ experience in planning, construction and civil engineering to CPG, spanning both public and private sectors. He is a member of Engineering New Zealand and holds commendations for exceptional planning and project management services. Working with Paul as the company’s other Director is Gaurav Soni, an experienced business leader with a wide portfolio of businesses and expertise in New Zealand and around the world. Their shared vision is to develop modern, quality homes - for home buyers and investors – that complement their surroundings and improve Christchurch’s housing environment. As Paul observes, all their new homes are modern, energy efficient and designed to standards that far exceed those that prevailed decades ago when many older homes were built. CPG has a focus on pairing up great design with great locations. Their Armagh Street development has an enviable location just outside the Four Avenues and within easy reach of parks, schools, supermarkets and many other amenities. It has all the ingredients needed for a relaxed, walkable city lifestyle. The first phase of construction on site involved civil works to create retaining walls and foundations. “It has been a very difficult site, but we’re really excited at what this raised elevation brings to the development by creating privacy from the street and those lovely views from the upper level.” 0800 999 333 hello@do.nz www.do.nz Christchurch / Timaru Greymouth / Nelson Land Surveying / Resource Management Environmental Science / Structural Engineering Geotechnical Engineering / Civil Engineering Proud to be carboNZero certified PROUD TO PARTNER WITH CHRISTCHURCH PROPERTY GROUP Perriam & Partners Ltd Chartered Accountants & Business Advisors Proudly supporƟng Heathstock Apiaries Limited good advice is on the cards always good advice is on the cards always Perriam & Partners Ltd Chartered Accountants & Business Advisors Proudly supporting Christchurch Property Group
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