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Back 53 Acacia Avenue
Off Market

53 Acacia Avenue

Upper Riccarton Canterbury

8
2
688 m²
House
Grace BruereGrace Bruere, last sold this property on 12 August 2026 after 22 days on market.

Overview

Sold under the hammer

Positioned on a 688sqm (more or less) TC1 Medium Density Residential-zoned land, the property enjoys a prime location within walking distance to the University of Canterbury and Bush Inn, making it ideally suited for student accommodation. Currently returning $1,480 per week on a fixed tenancy through to January 2027, it offers immediate income with excellent long-term investment potential. • 688sqm (more or less) of TC1, Medium Density Residential zoned land • Walking distance to the University of Canterbury • Generating a rental income of $1,480 per week on a fixed term tenancy until January 2027 • Rental appraisals indicating up to $1,600 per week • Generous off-street parking • Eight large bedrooms, two bathrooms • Resource consent in place for the eight bedrooms Delivering a strong and reliable rental return, this property presents an outstanding opportunity for investors seeking a high-performing addition to their portfolio. Character timber flooring flows throughout the main living areas, seamlessly connecting the spacious lounge and dining room. The updated kitchen is both practical and well-appointed, offering ample storage and functionality for everyday living. The home comprises five generous double bedrooms serviced by two bathrooms, while a purpose-built sleepout provides a further three double bedrooms, creating a total of eight bedrooms. Original rimu detailing in the main dwelling add warmth and timeless character, complementing the home's modern improvements. Offering peace of mind, the property has a full EQC scope with all repairs completed by a previous owner. It is fully insured and benefits from resource consent for all eight bedrooms. Further enhancements completed by the current owners include extensive re-gibbing, underfloor insulation, new guttering, a low-maintenance section, and ample off-street parking. The owners are committed to selling and are highly motivated to achieve a sale on or before auction day. To download the property files, copy and paste into your browser: https://www.propertyfiles.co.nz/5530744

Features

8 bedrooms
2 bathrooms
688 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Upper Riccarton over the last 12 months.

Property history for 53 Acacia Avenue

2026
Sold
Undisclosed
12 Aug 2026 by Grace Bruere, of Bayleys Christchurch (Whalan and Partners Ltd)
2026
Sold
$995,000
Auction Sale on 12 Aug 2026 by Grace Bruere
2022
Sold
$850,000
22 Dec 2022 by Angela Webb, of Bayleys Christchurch (Whalan and Partners Ltd)

Happy sellers in Upper Riccarton

79%
79% of sellers in Upper Riccarton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Upper Riccarton over the last 12 months.

Local market activity for 8 bedroom houses in Upper Riccarton

Nearby agents

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

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Thomas Knight

Sellers who recommend Thomas Knight have praised them for being clear communication, local expert, well-prepared, responsive, supportive, strategic and pleasant

  •   5   (110 reviews)
  •  7 Reviews in Upper Riccarton
  •  10 Sales in Upper Riccarton
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Max John Collinson-Smith

Max John Collinson-Smith is a recommended agent for Upper Riccarton.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (31 reviews)
  •  3 Reviews in Upper Riccarton
  •  2 Sales in Upper Riccarton
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Corina Grey

Sellers who recommend Corina Grey have praised them for being clear communication, supportive, local expert, responsive, well-prepared, pleasant and dedicated

  •   5   (92 reviews)
  •  2 Reviews in Upper Riccarton
  •  3 Sales in Upper Riccarton
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Belinda Hu

Sellers who recommend Belinda Hu have praised them for being clear communication and local expert

  •   5   (23 reviews)
  •  2 Reviews in Upper Riccarton
  •  3 Sales in Upper Riccarton
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