78 Wainui Street, Riccarton

Deadline Bought Forward

Deadline Sale (unless sold prior)
2.00pm, Tuesday 17 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