21 & 21B Ballantyne Ave, Upper Riccarton, Christchurch City, Canterbury

Solid investment with immediate returns with the owner relocated to another city after six years of hassle-free ownership, this is a fantastic opportunity for new owners to secure a well-performing property with strong rental income from day one. Set on a single title, this property features two dwellings currently returning $1,125 per week, providing a combined annual rental income of $58,500. Both tenancies are on fixed-term agreements until November and February next year, offering immediate income security.

Front Dwelling: Constructed in classic red brick and approximately 80-90sqm, this home offers three bedrooms, a separate kitchen and living area, a well-sized bathroom, and a separate laundry. A north-facing fenced lawn area sits off the lounge, creating a sunny outdoor space perfect for relaxing or entertaining.

Rear Dwelling: The rear unit is built from permanent materials with concrete block construction on a concrete foundation, providing a low-maintenance and reliable investment. It features three bedrooms, an open-plan kitchen and living area, a built-in laundry in the entranceway, and built-in wardrobes in all bedrooms.

Both homes offer scope to further add value, making this property an appealing option for investors seeking a solid performer, those looking to start their investment journey, or buyers wanting flexible living options for extended or multi-generational families. A versatile opportunity with strong returns and future potential - don't miss your chance to secure it.

Auction date: Thursday 23 April 2026 from 5:30PM (Unless sold prior) To download the information for this property, please copy this link into your web browser: https://www.propertyfiles.co.nz/BNS31653

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice