Available PropertyFiles:

Approved Auction Agreement - 24 Piko Crescent.pdf
Auction Documents.pdf
Building Inspection.pdf
EQC Docs.pdf
Healthy Home Report - 24 Piko Cres.pdf
Instrument - 13301886.2.pdf
Insurance - 24A Piko Street.pdf
LIM Report.pdf
Record of Tite - 1224351.pdf
Rental Appraisal - 24 Piko Crescent, Riccarton, Christchurch City.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.

Just a short walk to Riccarton Mall, public transport, medical centres, and the University of Canterbury, the location ticks every box for convenience and tenant demand. Families and professionals alike are drawn to the area's top school zones, including Christchurch Boys' High, Christchurch Girls' High, and Riccarton High School.

Currently appraised to rent upto $1,100 per week, 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 accomodation or large families
• Healthy Homes Compliant
• Rental appraisal: $1,100 per week
• Walking distance to University of Canterbury & Riccarton Mall
• 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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Terms of Supply

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.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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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.

Contact Luke McLaughlin

GRENADIER REAL ESTATE LTD