RateMyAgentGo to search
Back 1-3/54 Division Street
Off Market

1-3/54 Division Street

Riccarton Canterbury

4
2
Townhouse
Angela WebbAngela Webb, last sold this property on 11 June 2026 after 77 days on market.

Overview

Only one available - Purpose-built student rental

Priced $739,000 An exceptional opportunity for savvy investors, this brand-new, purpose-built townhouse is fully complete with tenants already moved in, delivering immediate rental income from day one. Constructed and designed with both longevity and tenant comfort in mind, this townhouse features four spacious bedrooms with built-in wardrobes and two modern bathrooms, including a private ensuite, ensuring strong appeal to the modern student rental market. • Guaranteed rental income - $880 per week, tenanted until January 2027 • Four bedrooms, all with built-in wardrobes • Two modern bathrooms • Freehold title to be issued • Fully Healthy Homes compliant • Double glazing and heat pump for year-round comfort • Tenants already in place - immediate cash flow • Walking distance to the University of Canterbury • High tenant demand in a proven rental location With a fixed-term lease secured through January 2027, the new owner can enjoy stable, hands-off income from settlement. Located just a short walk from the University of Canterbury, this property is perfectly positioned to deliver reliable returns with minimal vacancy. Our vendors have already committed to their next project and are highly motivated to sell. Don't miss this rare opportunity to secure a high-yield, low-maintenance investment with income from day one in one of Christchurch's most consistent student rental locations. To download the Property Files, copy and paste the below into a new browser: https://www.propertyfiles.co.nz/940550003

Features

4 bedrooms
2 bathrooms
Townhouse

Estimated Value

Based on this property and similar 4 bedroom townhouses sold in Riccarton over the last 12 months, the estimated median property value of 1-3/54 Division Street is $700k.

Median value
$700k
Estimated value range
$580k - $1.72m
Median days on market
44
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Riccarton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1-3/54 Division Street

2026
Sold
Undisclosed
11 Jun 2026 by Angela Webb, of Bayleys Christchurch (Whalan and Partners Ltd)

Happy sellers in Riccarton

81%
81% of sellers in Riccarton reported that their sale price either exceeded or met their price expectations.

Riccarton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Riccarton over the last 12 months.

Local market activity for 4 bedroom townhouses in Riccarton

In the last 12 months, 6 four-bedroom townhouses similar to 1-3/54 Division Street, have been sold.

This represents a 40% decrease in four-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riccarton

placeholder
Sean Innes

Sellers who recommend Sean Innes have praised them for being clear communication, local expert, friendly, supportive, hard-working, persistent and reliable

  •   4.9   (83 reviews)
  •  4 Reviews in Riccarton
  •  11 Sales in Riccarton
View profile
placeholder
Michelle Fu

Sellers who recommend Michelle Fu have praised them for being local expert, clear communication, dedicated, supportive, responsive, well-prepared and hard-working

  •   5   (122 reviews)
  •  4 Reviews in Riccarton
  •  11 Sales in Riccarton
View profile
placeholder
Grace Bruere

Sellers who recommend Grace Bruere have praised them for being clear communication, friendly, responsive, hard-working, well-prepared, supportive and easy to work with

  •   4.9   (39 reviews)
  •  4 Reviews in Riccarton
  •  10 Sales in Riccarton
View profile
placeholder
Shady Attia

Sellers who recommend Shady Attia have praised them for being clear communication, local expert, proactive, well-prepared, friendly and empathetic

  •   4.9   (72 reviews)
  •  4 Reviews in Riccarton
  •  7 Sales in Riccarton
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap