Listed: Wed, 20 May

GOOD CASHFLOW IN PRIME RICCARTON LOCATION

101 Rattray Street, Riccarton, Christchurch City, Canterbury

To be sold by auction on 18 Jun, 11:00 am

5 Beds
1 Bath
1 Living area
394m² Land

Other Features

2 Separate toilets
2 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$680,000
Parking	2 open spaces
Agency reference	RN28327
Broadband in the area	Fibre, ADSL, Cable, Satellite, VDSL, Wireless

Copy and paste this link into your browser to view the property files: https://www.propertyfiles.co.nz/property/101RattrayStreet

Ideally positioned in one of Christchurch's strongest rental and growth areas, this five-bedroom property offers an exceptional opportunity for investors seeking solid returns and long-term growth. Get in early to secure your investment property before the rush builds later in the year when shortages become apparent.

Just a short walk to the University of Canterbury, Westfield Riccarton Mall, Upper Riccarton shopping precinct, public transport and medical centres, the location ticks every box for convenience and tenant demand in the future. If it's not students renting the home, then families are drawn to the area's top school zones, including Christchurch Boys' High, Christchurch Girls' High, and Riccarton High School.

Currently rented at $ 970 per week until the end of November 2026, and appraised to rent up to $1,050 per week for the next student year after that, the property offers a strong cash flow and yield. Zoned Medium Density Residential, it offers excellent flexibility for future redevelopment or intensification (subject to Council consent).

Key Highlights:

5 bedrooms - ideal for student accommodation or large families
Well maintained home by owner of 25 years
Healthy Homes Compliant
Walking distance to University of Canterbury & Riccarton Mall & Upper Riccarton
Top school zones and strong tenant demand
Excellent transport links and local amenities nearby

With location, zoning, and yield all working in your favour, this is a standout opportunity in the heart of Riccarton.

For viewing outside of scheduled open homes, contact the agent to make these arrangements.

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.

Open home times

Sat, 13 Jun
1:00 pm to 1:30 pm
Sun, 14 Jun
2:00 pm to 2:30 pm

Property Files

Discover more about this property.

Request the files from Sean.

These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

IN ZONE kahikatea kirkwood intermediate
260 Riccarton Road
502 m
Intermediate (Intermediate), State, 258 enrolled
IN ZONE wharenui school
Matipo Street
662 m
Full Primary (Primary & Intermediate), State, 456 enrolled
IN ZONE christchurch boys' high school
71 Straven Road
950 m
Secondary (Year 9-13) (Secondary), State, 1420 enrolled

IN ZONE middleton grange school
30 Acacia Avenue
1.3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 1376 enrolled
IN ZONE christchurch girls' high school -te kura o hine waiora
10 Matai Street
1.8 km
Secondary (Year 9-13) (Secondary), State, 1306 enrolled
IN ZONE villa maria college
21 Peer Street
2 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 824 enrolled
IN ZONE riccarton high school
31 Vicki Street
2.1 km
Secondary (Year 9-13) (Secondary), State, 1130 enrolled
IN ZONE te puna wai o waipapa - hagley college
510 Hagley Avenue
2.6 km
Secondary (Year 9-13) (Secondary), State, 2120 enrolled
IN ZONE st thomas of canterbury college
69 Middlepark Road
2.9 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 703 enrolled
IN ZONE christchurch adventist school
15 Grants Road
4 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 266 enrolled
UNZONED st teresa's school (riccarton)
10 Puriri Street
225 m
Full Primary (Primary & Intermediate), State : Integrated, 168 enrolled
UNZONED medbury preparatory school
109 Clyde Road
1.1 km
Full Primary (Primary & Intermediate), Private : Fully Registered, 395 enrolled
OUT OF ZONE ilam school
66 Ilam Road
1.1 km
Contributing (Primary), State, 400 enrolled
OUT OF ZONE tūora fendalton school
168 Clyde Road
1.6 km
Contributing (Primary), State, 417 enrolled
OUT OF ZONE te kāpehu riccarton school
1 English Street
2.2 km
Full Primary (Primary & Intermediate), State, 353 enrolled
OUT OF ZONE sacred heart school (christchurch)
40 Spencer Street
2.3 km
Full Primary (Primary & Intermediate), State : Integrated, 180 enrolled
OUT OF ZONE wairarapa cobham intermediate
294 Ilam Road
2.4 km
Intermediate (Intermediate), State, 641 enrolled
UNZONED rangi ruru girls' school
59 Hewitts Road
2.6 km
Secondary (Year 7-13) (Intermediate & Secondary), Private : Fully Registered, 701 enrolled
UNZONED st margaret's college
12 Winchester Street
2.8 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 847 enrolled
OUT OF ZONE hillmorton high school
Tankerville Road
2.9 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 1404 enrolled
UNZONED christ's college
33 Rolleston Avenue
2.9 km
Secondary (Year 9-13) (Secondary), Private : Fully Registered, 730 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.