78 Wainui Street, Riccarton, Christchurch City, Canterbury

Deadline Sale (unless sold prior) 4.00pm, Wednesday 18 February 2026 3 Deans Avenue, Christchurch 8011

This exceptional property presents a compelling opportunity to secure a high performing investment with reliable rental returns and minimal ongoing maintenance. Conveniently tenanted until November 2026 for $750 per week. Ideally positioned within easy walking distance of the University of Canterbury, the main dwelling features three bedrooms, an office, a well-appointed and practical kitchen, and a light-filled living area. Year-round comfort is ensured with the inclusion of a heat pump. A separate sleepout provides valuable additional accommodation, further enhancing rental appeal.

*Main house comprising three bedrooms, an office, and one bathroom *Sleepout on site *High Density Residential zoning *Fixed-term tenancy in place at $750 per week until November 2026 *Zoned for Christchurch Boys’ High School, Christchurch Girls’ High School, and Riccarton High School *Recently updated with fresh interior and exterior paint and new carpeting throughout *Prime location within walking distance of the University of Canterbury

The work is done - recently renovated, the property has been refreshed throughout with new carpet and updated paintwork, presenting a clean and modern interior.

Located close to Westfield Mall and the University of Canterbury, this property is ideally positioned to attract a wide range of tenants. Proximity to key amenities and sought-after schools guarantee consistent demand, helping to minimize vacancy rates, maximize rental income, and ensure long term appeal.

With the current owner exiting the residential investment market, this is a rare opportunity to secure a well-located Riccarton asset with strong income and future growth potential. Act now to secure this outstanding investment opportunity on or before deadline day.

Tenants are due to move in shortly

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