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Listing Description
Listed: Fri, 5 Dec
Score 3 Months Free Property Management
4/9 Ayr Street, Riccarton, Christchurch City, Canterbury
Asking price $999,000
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | Townhouse |
| Property ID# | JMN569 |
| Broadband in the area |
Description
Located in one of Christchurch’s most desirable city fringe locations, this three storey townhouse on Ayr Street offers a premium living environment with strong long term rental performance. Positioned beside Hagley Park and close to key education zones and lifestyle destinations, it provides exceptional demand and consistent occupancy for investors seeking stable returns.
This 3 bedroom, 2 bathroom home spans 143m² across three levels and has been designed for modern low maintenance living. The layout includes a ground floor bedroom and bathroom, an open plan kitchen, dining, and living area on the middle floor, and two bedrooms plus a study nook on the top level. The secure internal access garage is a significant advantage in this location, offering safe parking and valuable storage that appeals to both long term tenants and short stay guests.
Investment Highlights
Fixed price: $999,000 (Turn Key)
Long term rental appraisal: $710 per week
Gross rental yield: 3.70 percent
Modern, low maintenance construction
Healthy Homes compliant
Fully landscaped and move in ready
Internal access garage, a highly sought after feature in Riccarton
Ten Year Registered Master Build Guarantee
Performance Summary
Strong long term rental demand driven by proximity to Hagley Park and major amenities
High appeal for tenants requiring secure parking and walkable convenience
Suitable for both self management and professional management
Ideal for investors seeking long term stability, strong occupancy and premium location benefits
Location Benefits
Situated on Ayr Street in Riccarton, metres from Hagley Park
Minutes to Westfield Riccarton, Merivale Mall, Victoria Street and the CBD
Zoned for Ilam School, Christchurch Boys’ High School and Christchurch Girls’ High School
Close to cafés, supermarkets, public transport and recreational spaces
Strong appeal to professional tenants, students and long term renters
With its generous floor plan, high quality design, strong rental potential and unbeatable city fringe location, this Ayr Street townhouse represents a reliable and future proof investment opportunity in one of Christchurch’s highest demand suburbs.
Contact Investr or visit investr.kiwi to access full performance details and secure Townhouse 4 at 4/9 Ayr Street.
Open home times
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Robbie Shepherd
Investr Limited 
Property Partner
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