45A Wainui Street, Riccarton

Description

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If you're looking for a clean, compliant, low-maintenance investment with income locked in from day one, 45A Wainui Street is worth a serious look.

This three-bedroom home is currently rented on a fixed 12-month tenancy at \$700 per week, offering immediate yield and minimal hassle. The property has been renovated where it counts and sits on a private rear section in a high-demand rental location.

Key investment features:
- Fixed tenancy at \$700/week until 2025
- Renovated kitchen and bathroom
- New hard flooring in living areas
- Heat pump + Healthy Homes compliant
- Double internal access garage
- Easy-care section with north-west aspect
- Zoned for Christchurch Girls’ and Boys’ High
- Handy proximity to UC, Westfield Mall, and key transport links

The area continues to attract strong tenant demand—particularly from students and young professionals seeking proximity to the university and city amenities.

Well-presented, fully compliant, and already earning—this is smart, set-and-forget investing. Contact me for the full info pack.

NOTE: Some photos have been virtually staged or enhanced using generative AI. While we’ve taken care to keep things accurate, there may be small differences when viewing the property in person.