61A Centennial Avenue, Riccarton, Canterbury

SoldSep 24, 2025

61A Centennial Avenue, Riccarton, Canterbury

$725,000

374 sq.

House

•

16 days on the market

Sold: Sep 24, 2025

What's around 61A Centennial Avenue

High Demand Student Rental

Auction Sale (unless sold prior) 12pm, Thu 25 Sept 2025 3 Deans Avenue, Christchurch 8011 This student rental offers five spacious bedrooms, a full-sized bathroom, an additional separate toilet, and generous off-street parking - designed to deliver comfort, convenience, and strong rental income. Currently leased under a 12-month fixed-term tenancy until November 2025, the property currently generates $800 per week, increasing to $925 per week from December 2025 under a new fixed-term tenancy already in place. Ideally located within walking distance or a short drive from the University of Canterbury and Westfield Mall, the property benefits from strong tenant demand, ensuring minimal vacancy and maximum return on investment. Five generously sized double bedrooms Current income of $800 per week, increasing to $925 in December 2025 until December 2026 374sqm (more or less) of freehold, RSDT zoned land Fully Healthy Homes Compliant One large bathroom plus an additional separate second toilet Ample off street parking for tenants The home has been meticulously maintained and thoughtfully upgraded over the years. Complete with a heat pump and extensive storage at both ends of the house. Offering a compelling combination of consistent rental returns and promising future capital growth, this property presents an exceptional opportunity for investors seeking reliable cashflow from day one. Our motivated vendor is eager to pursue new opportunities and is committed to concluding the sale on or before auction day. Don't miss your chance to secure a high-performing investment property in a sought-after location. To download the Property Files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/5528073

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Buyer's review

8 months ago

Verified Review

Excellent Service From Start To Finish

I had a very good experience working with Grace from Bayleys. From my first email and throughout the process she was incredibly helpful and knowledgeable, especially when it came to navigating the auction process — something I wasn’t familiar with at all. She took the time to clearly explain every step, answered all of my questions and made sure I was informed throughout. Her guidance was invaluable during the auction itself, and I genuinely felt supported from start to finish. I would recommend Grace if you're looking for someone who is professional, approachable, and truly invested in helping you achieve the best result.

Buyer

Seller's review

8 months ago

Verified Review

Excellent experience

Grace is very pleasant and professional to deal with. And helped me through the auction process and explained things along the way. I hadn't sold a property before only bought and she worked hard to get a result that was 100% acceptable to me, I would recommend her without hesitation.

Seller