9 Wharenui Road, Upper Riccarton, Christchurch

Superior location, profitable opportunity

Deadline (unless sold prior)
1pm, Wed 11 June 2025
3 Deans Avenue, Christchurch 8011

This well-presented residence offers a thoughtfully designed layout comprising seven bedrooms, three bathrooms, a single garage, and additional off-street parking—delivering a blend of comfort, convenience, and impressive rental income potential.

The main dwelling features four bedrooms and two-bathrooms and has recently been refreshed with new paint and carpeting. Complementing this are two separate sleepouts—one offering two bedrooms and a bathroom, and the other single sleepout providing additional flexible accommodation.

Currently generating a steady rental income of $1,250.00 per week, the property also offers the option to purchase with vacant possession, appealing to both investors and owner-occupiers. Situated on a 594sqm (more or less) Residential Suburban Density Transitional zoned section, this versatile property is ideally located within walking distance or a short drive of the University of Canterbury, Westfield Riccarton, and Harrington Park—ensuring consistent demand from student tenants and minimal vacancy rates.

• Seven spacious bedrooms
• Three well-appointed bathrooms
• Recent upgrades including fresh paint and new carpet
• Current rental income of $1,250.00 per week
• Option to purchase with vacant possession
• 594sqm (more or less) of RSDT-zoned land
• Single garage plus ample off-street parking
• Highly sought-after location near key amenities and public transport options

Offering a compelling combination of reliable cash flow and long-term capital growth potential, this property is ideal for those seeking to expand their investment portfolio with a high-yielding asset. With tenants already in place, enjoy immediate returns, or choose vacant possession to suit your future plans.

Our motivated vendors are ready to move forward and are committed to a timely sale. Don't miss this rare opportunity to secure a versatile, income-generating property in a prime location.

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