Freehold Rental Investment with RMD Land

54 Division Street, Riccarton | $580,000

number of bedrooms 4 number of bathrooms 1

A superb, valuable corner site located only a few doors down from Westfield Riccarton Mall, within convenient distance to Canterbury University and in the zone for Christchurch Boys’ and Girls’ High Schools.

Plenty of options are available:

– Enjoy the rental income
– Invest for Canterbury University students
– Renovate and benefit
– Develop and utilise the corner site of valuable RMD land (Residential Medium Density).


– Healthy homes compliant.
– Four bedrooms, separate lounge, dining/kitchen, bathroom, laundry room with separate toilet, bonus store room/study (previously used as a fifth bedroom).
– DVS system and heat pump.
– Off-street parking.
– Upgraded wiring, aluminium joinery, upgraded roof.

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*Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA, and we have not been able to verify its accuracy. Keywords: Rental, invest, investment, returns, student, uni, study, development, high density, healthy home, rented.

Contact Consultant

Papanui Office Licensed Real Estate Salesperson. Bachelor of Laws (LLB)

Contact Consultant

Papanui Office Real Estate Agent, BCom

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