101 Rattray Street, Riccarton, Christchurch GOOD CASHFLOW IN PRIME RICCARTON LOCATION

Available PropertyFiles:

  • Auction Documents.pdf
  • Building Report.pdf
  • CCC Property Files.zip
  • EQC Docs.pdf
  • Healthy Homes Report - May 2026.pdf
  • Instrument - 5041358.3.pdf
  • Insurance.pdf
  • LIM Report.PDF
  • LLUR Report.pdf
  • Record of Title - 5989.pdf
  • Rental Appraisal.pdf
  • Tenancy Agreement.pdf

Property Description

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.

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By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
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3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
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Contact Sean Innes

Grenadier Real Estate Limited

Licensed Agent REAA 2008

+64 3 348 0923   +64 274 334 332   sean.innes@harcourts.co.nz   All Listings

Sean is recognised for his approachable manner, integrity, and exceptional negotiation skills. With a decade of proven success in real estate and more than two decades in the construction industry prior, Sean offers a unique blend of experience that gives his clients confidence and peace of mind.

Throughout his career, he has consistently performed at a high level, achieving outstanding results across a wide range of property transactions. Tailoring each and every campaign with the latest in marketing techniques, Sean ensures no stone is left unturned when identifying the best buyer for a property, not just any buyer. Backed by a dedicated team of trusted professionals, Sean ensures every detail is taken care of and every client receives a seamless, stress-free and personal experience.

His background in construction means he understands property from the ground up — from assessing building soundness to guiding clients through complex processes like consents and reports. Combined with his genuine people skills and strong work ethic, this expertise makes him a trusted advisor whether you’re buying, selling, or investing.

A proud Cantabrian, Sean’s focus is always on protecting and growing the value of his clients’ most important asset — their home — while building lasting relationships along the way.