When it comes to investment property fundamentals, opportunities like this are hard to overlook. Positioned in a highly sought-after Riccarton location, just moments from the University of Canterbury, this substantial six-bedroom brick home offers the size, durability, and location that savvy investors are constantly searching for.
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Configured with six bedrooms and two bathrooms, the property is ideally suited to student accommodation or a large household, providing flexible living arrangements and strong rental appeal. The enduring brick construction offers peace of mind and low-maintenance ownership, while the generous accommodation maximises income potential from day one.
Location is where this property truly excels. Situated within easy reach of the University of Canterbury, public transport, Westfield Riccarton, cafes, restaurants, and key amenities, this is an address that continues to enjoy strong and consistent tenant demand.
Beyond the immediate rental returns lies another compelling advantage: the underlying land value. For astute investors, this property presents the opportunity to secure a sizeable landholding in one of Christchurch's most proven growth locations. Whether you're seeking a long-term hold, a land-bank with income, or exploring future development potential (subject to council requirements), the strength of the location adds an extra layer of value that extends well beyond what exists today.
Rarely do opportunities combine strong cashflow potential, solid brick construction, a blue-chip rental location, and future upside in one package. Secure it for the income today and appreciate the possibilities it may offer tomorrow.
Auction: Wednesday 7 October 2026, from 10:00 am, Harcourts Holmwood Auction Rooms, 397-399 Ilam Road, Ilam (Unless Sold Prior)
