59A / 59B Centennial Avenue, Riccarton, Christchurch

Student investment - buy one or both!

Auction (unless sold prior)
12pm, Thu 28 Aug 2025
3 Deans Ave, Chch

Available individually or double your rental income and buy both. Embrace a unique opportunity to enhance your investment portfolio with these exceptional dual-title properties. Positioned on two individual freehold titles, totalling 794sqm (more or less) of TC2 Residential Suburban Density Transition land, these properties feature two standalone houses of six bedrooms, six bathrooms each, offering a remarkable prospect for high-yield investments.

In a prime position, situated within a short walking distance from the University of Canterbury, this property consistently attracts a steady stream of student renters and working professionals, ensuring minimal vacancies and optimal rental return.

• Buy one or both
• 2008 modern purpose-built constructions
• Six bedrooms each
• Six bathrooms each
• Open plan kitchen and living areas
• Rental appraisal showing up to $1,350 per week (each)
• Purchase Vacant or Tenanted
• Fully furnished, providing a smooth transition for the new owner
• Two freehold titles, totalling 794sqm (more or less) of TC2, RSDT land
• Prime position, situated within a short walking distance from the University of Canterbury
• Ample off-street car parking for tenants

Whether you are looking to expand your portfolio, or generate a consistent rental income, these purpose-built rentals are a must see. Our owners are in the process of divesting some of their assets, we have been given clear instructions - get them sold. Make sure you chat with us about all purchase options prior to the auction. You can either purchase one or both, either vacant possession or with tenancies in place.

To download the Property Files, copy and paste the below into a new browser:
59A Centennial Avenue - https://www.propertyfiles.co.nz/5527842
59B Centennial Avenue - https://www.propertyfiles.co.nz/5527854