Back 15 Centennial Avenue
Off Market

15 Centennial Avenue

Riccarton Canterbury

5
1
3
332 sq.
House
Grace BruereGrace Bruere, last sold this property on 12 October 2025 after 40 days on market.

Overview

Prime Position with Immediate Income

Auction Sale (unless sold prior) 12pm, Thu 25 Sept 2025 3 Deans Avenue, Christchurch 8011 Situated in a highly popular location just a short walk or drive from the University of Canterbury, this property encompasses 332sqm (more or less) of freehold, TC2, Residential Suburban Density Transition zoned land. The main house features three double bedrooms, a practical kitchen, and a sunlit living area equipped with a heat pump and log burner for those cooler months. Adjacent, the fully double glazed contemporary consented sleepout boasts two large bedrooms. •Tenanted for $925 per week from January 2026 until November 2026 •Totalling five double bedrooms and practical bathroom with separate toilet •Off street parking available for tenants •332sqm (more or less) of RSDT zoned land •Located close to the University of Canterbury A fixed term tenancy is in place for $925 per week from January 2026 until November 2026. Offering a compelling combination of reliable cash flow and long-term capital growth potential, this property is ideal for those seeking to expand their investment portfolio with a high-yielding asset. With strong demand for student rentals, this is an excellent opportunity to secure a high-yield property in a highly sought-after location. Our owner is motivated to sell on or before auction, with their next move already in progress. To download the Property Files, copy and paste the below into a new browser: https://www.propertyfiles.co.nz/5528127

Features

5 bedrooms
1 bathroom
3 carspaces
332 sq. lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Riccarton over the last 12 months, the estimated median property value of 15 Centennial Avenue is $725k.

Median value
$725k
Estimated value range
$680.3k - $2.3m
Median days on market
27
Estimated value trend
-8%
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 15 Centennial Avenue

2025
Sold
Undisclosed
Sold After Auction on 12 Oct 2025 by Grace Bruere, of Bayleys Christchurch (Whalan and Partners Ltd)
2024
Sold
$535,000
08 May 2024 by Gill Knight, of Whittle Knight

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 56 reviews in Riccarton over the last 12 months.

Local market activity for 5 bedroom houses in Riccarton

In the last 12 months, 6 five-bedroom houses similar to 15 Centennial Avenue, have been sold.

This represents a 250% decrease in five-bedroom houses sales when compared to the previous 12 months.

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