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15 Centennial Avenue, Riccarton, Christchurch City

Prime Position with Immediate Income

gavel

Auction

House
House
Bedroom
5
Bathroom
1
Land area
332m2
Title type
Freehold
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Open homes

Wednesday
5:00pm - 5:30pm
10
Sep
Sunday
12:00pm - 12:30pm
14
Sep

Auction

Thursday
12:00pm
3 Deans Avenue, Chch
25
Sep

Property details

Listing # 5528127 | Listed on 3 September

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

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