1/106 Ruskin Street Addington, Christchurch City

The mandate is clear: this property must be sold. With the owners pivoting to a new direction, this is a prime opportunity for a savvy investor to secure a high-performing asset in New Zealand's top-performing city.

Located in a high-demand rental pocket just 3km from the new One New Zealand Stadium, this spacious townhouse offers the rare "trifecta" of investing: Location, Size and Garaging, and Massive Value-Add Potential.

The Investment Edge
High-Yield Potential: Designed for a cash-flow positive return from day one. This is a rare "set and forget" high-yield asset.
Strategic Location: Prime city-fringe positioning under 3km from Hagley Park and the CBD-areas seeing unprecedented capital growth and rental demand.
The Scarcity Factor: One of only three units, featuring a rare internal access double garage plus off-street parking. In this location, parking equals premium rent.
Proven Layout: Three genuine double bedrooms and a "Jack and Jill" bathroom ensure appeal to professional tenants or flatmates, maximizing your yield.
Seamless Flow: Large open-plan living and a private, north-facing courtyard provide the lifestyle features that keep vacancy rates at zero.

The Details
Infrastructure: Immediate access to the Southern Motorway for easy commuting. And a short drive, bike or even walk to the city centre.
Configuration: 3 Double Bedrooms | 1.5 Bathrooms, including a downstairs toilet | 2+ Car Parking.
Motivation: 100%. The owners have committed elsewhere; there is no Plan B.

Investor Note: With the city outperforming the rest of the country, the new One NZ Statium only a couple of months from opening, now is the time buy and receive potential positive cash-flow. With this property offering the potential of a cash-flow positive investment.

Delay will result in disappointment. This asset will change hands-ensure it's into yours.

Auction: To be held from 11am, 19th February 2026 at Ray White City Office, 76 Hereford Street, City Centre, Christchurch (unless sold prior)

Want to watch or bid on the auction online? Go to https://shorturl.at/eklv2

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39995

rwmetro.co.nz/MET39995