Back 2 Tika St
Off Market

2 Tika St

Riccarton Canterbury

6
6
155 m²
House
Michael ChanMichael Chan, last sold this property on 02 August 2026 after 31 days on market.

Overview

$1,200/Week Rental Income from Day One

*Viewing by appointment* Purpose-built for high-yield investment, this contemporary single-level brick home combines an exceptional layout with immediate rental income. Offering six generous double bedrooms, each complete with a built-in wardrobe and private ensuite, this is a rare opportunity to secure a modern, low-maintenance investment in one of Christchurch's most sought-after suburbs. Built circa 2020, the property comes with quality tenants already in place on a fixed-term tenancy until January 2027, returning $1,200 per week, providing instant cash flow and peace of mind from settlement. Other property features include: - Spacious open-plan kitchen, dining and living area - Modern kitchen with generous bench space and ample storage - Double glazing throughout - Heat pump providing year-round comfort - Conveniently located close to Westfield Riccarton and Bush Inn Centre - Just minutes from Hagley Park, the University of Canterbury and Riccarton House & Bush - Zoned for Christchurch Boys' High School and Christchurch Girls' High School - Situated within the Medium Density Residential Zone (subject to council requirements), offering future development potential - An outstanding opportunity for investors seeking a high-performing rental property, while the versatile layout also lends itself to extended families or multi-generational living should future owner occupation be considered. Purpose-built investment properties of this calibre are seldom available in such a sought-after Riccarton location. Please download the property files at https://www.propertyfiles.co.nz/property/36190119. Please note: (1) The subdivision of this property is currently in progress. The subdivision application has been lodged and is expected to be completed by the end of August. Please note that the land area shown in public records (779m²) reflects the original, pre-subdivision title and represents the combined area of two existing dwellings. The property is being sold subject to the new subdivision, and the final land area will be as shown on the issued title and survey plan. (2) Some images used in this advertisement were taken from a property of similar design and specification. While the layout and finishes are comparable, prospective purchasers are encouraged to inspect the property to satisfy themselves as to the property's features and condition. Conjunctional sales with other agencies welcome. Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/the relevant local authority/CERA and we have not been able to verify the accuracy of the same

Features

6 bedrooms
6 bathrooms
155 m² floor area
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Riccarton over the last 12 months, the estimated median property value of 2 Tika St is $988k.

Median value
$988k
Estimated value range
$900k - $1.06m
Median days on market
12
Estimated value trend
24%
increase 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 2 Tika St

2026
Sold
Undisclosed
02 Aug 2026 by Michael Chan, of Harcourts Gold Papanui

Happy sellers in Riccarton

79%
79% 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 65 reviews in Riccarton over the last 12 months.

Local market activity for 6 bedroom houses in Riccarton

In the last 12 months, 5 six-bedroom houses similar to 2 Tika St, have been sold.

This represents a 33% decrease in six-bedroom houses sales when compared to the previous 12 months.

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