78 Wainui Street, Riccarton, Christchurch

Solid Student Investment Opportunity

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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