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2/155 Yaldhurst Road, Upper Riccarton, Christchurch City, Canterbury

Christchurch, New Zealand

Guide Price

$480820

829000 NZD

PROPERTY TYPE

house

BEDROOMS

5

BATHROOMS

3

2/155 Yaldhurst Road, Upper Riccarton, Christchurch City, Canterbury - Photo 2
2/155 Yaldhurst Road, Upper Riccarton, Christchurch City, Canterbury - Photo 3
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Description

For more information, please download the property files at the link: https://www.propertyfiles.co.nz/property/957630003 Returning $57,200 per annum ($1,100 per week), this substantial five-bedroom residence delivers immediate income alongside genuine scope to enhance and add value. With highly motivated owners committed to the sale, this property will be sold at auction. Constructed mostly of a durable concrete tilt slab and arranged across two generous levels, this is a property built for longevity, offering both structural confidence and future upside. The home is warm, spacious, and highly functional, yet presents an opportunity for cosmetic enhancement to further unlock its potential. Whether you're an investor looking to strengthen yield through improvement, or a large family seeking space you can personalise over time, the options here are compelling. All five bedrooms are genuinely oversized doubles with excellent wardrobe storage. The master suite is particularly expansive, complete with tiled ensuite, built-in wardrobe, and private balcony. Two additional bedrooms share a second balcony, enhancing light and ventilation. Upstairs also

features a full-length loft, a versatile space ideal as a rumpus room, study zone, additional storage, or flexible accommodation. This scale is rarely replicated in modern homes and provides significant adaptability for evolving needs. The sun-filled ground floor offers attractive living areas flowing seamlessly to an entertainer's deck. Your kitchen, with an induction cooktop, anchors the space, while a separate laundry and guest toilet add practicality. Double glazing, two heat pumps, and a gas fire ensure year-round comfort. A carpeted double internal-access garage and extensive attic storage complete the package. Located moments from Westfield Riccarton, Bush Inn, Hornby retail hub and motorway access, and zoned for Avonhead Primary and Riccarton High School, with the University of Canterbury nearby, the fundamentals here are strong and enduring. Immediate return. Substantial proportions. Add-value potential. Opportunities like this do not sit still.

Location

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Living in Christchurch

Rebuilt and reimagined after the 2011 earthquakes, Christchurch is New Zealand's most affordable major city with a flat, bikeable layout and easy access to both beaches and ski fields. The rebuild has created a modern, innovative city center, and the Canterbury region offers a drier, sunnier climate than Wellington or Auckland. A smaller expat community means a more authentic Kiwi experience.

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Grace Little - Spitfire Square Real Estate Ltd (Licensed: REAA 2008) - Harcourts Spitfire Square

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD