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Townhouses

60 Division Street, Riccarton, Christchurch

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  • Available
    10
    Townhouses
  • Estimated Completion
    Completed
  • 77.5
     m²
  • 70
    -
    113
     m²
  • 2
    -
    2
  • 1.5
    -
    1.5
  • 0
    -
    1
    0
  • Turn-Key
60 Division Street is a completed development of eleven architecturally designed two-bedroom homes, offering stylish, low-maintenance living with quality finishes and a choice of homes with or without off-street parking. Ideally located in the heart of Riccarton, these move-in-ready homes are just moments from Westfield Riccarton, the University of Canterbury, and Christchurch CBD.

Welcome to 60 Division Street, Riccarton, a collection of eleven completed, architecturally designed townhouses offering modern, low-maintenance living in one of Christchurch's most convenient suburbs. Featuring two-bedroom, one-and-a-half-bathroom layouts, these move-in-ready homes are perfectly suited to first-home buyers, professionals, downsizers, and investors. Seven homes include a dedicated off-street car park, while four offer a no-carpark option, providing a range of choices to suit different lifestyles.

Each home has been thoughtfully designed with open-plan living, dining, and kitchen areas on the ground floor, complemented by a convenient guest toilet. Upstairs, you'll find two generous bedrooms serviced by a contemporary family bathroom with a tiled shower. Quality Fisher & Paykel appliances, stylish modern finishes, and private landscaped outdoor spaces complete these homes, delivering comfort, functionality, and easy-care living from day one.

Positioned just moments from Westfield Riccarton, the University of Canterbury, and Christchurch CBD, 60 Division Street offers exceptional convenience with shopping, cafés, schools, parks, and public transport all close by. Combining an unbeatable location with completed, move-in-ready homes, this development presents an outstanding opportunity to secure quality real estate in one of Christchurch's highest-demand suburbs.

Sold Out
Price range
$
550,000
 - 
$
595,000
  • Capital Growth 
    +
    3.87
    %
  • Gross Yield 
    5.2
    %
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Download Cashflow Analysis
Availability
Enquire About this Property
Request for Contract
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Location

Nearby Essentials

Amenities

Schools

Transport

Conveniently located near a wide range of amenities — including shops, restaurants, parks, and excellent schools — this neighborhood offers an ideal balance of modern urban living, accessibility, and a welcoming community atmosphere.

Disclaimer: School zoning information is indicative only and subject to change. Zoning eligibility is determined by schools and may vary over time.
60 Division Street, Riccarton, Christchurch
  • 2
    -
    2
  • 1.5
    -
    1.5
  • 0
    -
    1
    0
  • Available
    10
    Townhouses
  • Estimated Completion
    Completed
Price
Sold Out
$ 
550,000
 - 
$ 
595,000
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Investment Overview

View Property Cashflow
$
550
 - 
$
570
Expected Weekly Rent
5.15
%
 - 
5.2
%
Gross Yield
($137 - $132)
Weekly Cashflow
3.87
%
Capital Growth Rate
20 year average
Disclaimer: The figures shown above are indicative estimates only and are provided for general information purposes. Expected rent, yields, cashflow, and capital growth are not guaranteed and may change based on market conditions, interest rates, costs, and individual circumstances.
View Property Cashflow
Investment Insights

Investment Analysis & Insight

60 Division Street presents a strong investment opportunity in Riccarton, one of Christchurch’s most established and consistently high-demand suburbs. The suburb is particularly attractive to professionals, students, hospital staff, and families seeking convenient access to the city.

Rental fundamentals are appealing, with median rent in Riccarton at $580 per week and rental appraisals for these homes ranging from $550 to $570 per week, delivering estimated gross yields of approximately 5.15% to 5.20%. Modern, low-maintenance townhouses are well suited to Riccarton’s diverse tenant base, with quality new-build housing offering strong appeal compared with much of the suburb’s older rental stock. This supports the potential for reliable occupancy and steady rental income.

Location is a major strength, with 60 Division Street close to Westfield Riccarton, the University of Canterbury, Christchurch Hospital, Hagley Park, and a wide range of cafés, restaurants, supermarkets, and services. The CBD is only a short commute away, while excellent public transport and key arterial routes provide easy access to major workplaces and surrounding suburbs. This connectivity makes Riccarton one of the city's most convenient locations for tenants who value accessibility.

Christchurch’s ongoing investment in infrastructure and urban regeneration further supports the long-term outlook. Major projects including Te Kaha Stadium, central city redevelopment, transport improvements, and continued investment around key employment and education precincts are strengthening the city’s overall appeal. Combined with strong rental yields, established tenant demand, and Riccarton’s highly connected location, 60 Division Street offers investors a well-balanced opportunity for dependable rental income and long-term capital growth.

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Unit/Address
Unit
100
100
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    %
  • Gross Yield 
    %
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Sold Out
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    +
    %
  • Gross Yield 
    %
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Sold Out
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  • Gross Yield 
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  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
519,995
 - 
$ 
Townhouses
Investment Picks
332 Oxford Terrace, Christchurch Central, Christchurch
  • 2
    -
    2
  • 1
    -
    2
    1
  • 0
    -
    1
    0
  • Available
    8
    Townhouses
  • Estimated Completion
    October 2026
  • Capital Growth 
    +
    4.07
    %
  • Gross Yield 
    4.45
    %
Price
Sold Out
$ 
629,000
 - 
$ 
899,000
Townhouses
Current Properties
3 Waitikiri Drive, Parklands, Christchurch
  • 3
    -
    3
  • 2
    -
    2
  • 2
    -
    2
  • Available
    2
    Townhouses
  • Estimated Completion
    Completed
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
820,000
 - 
$ 
995,000
Townhouses
Current Properties
Madras Square, Christchurch Central, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 0
    -
    1
    0
  • Available
    33
    Townhouses
  • Estimated Completion
    Completed
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
639,000
 - 
$ 
829,000
Townhouses
Investment Picks
61 Cobham Street, Spreydon, Christchurch
  • 2
    -
    3
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    5.28
    %
  • Gross Yield 
    5.35
    %
Price
Sold Out
$ 
539,000
 - 
$ 
679,000
Townhouses
Current Properties
6 Kawaka Street, Riccarton, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    5
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
614,000
 - 
$ 
634,000
Townhouses
Current Properties
10 Vienna Street, Waltham, Christchurch
  • 3
    -
    3
  • 2
    -
    3
    2
  • 1
    -
    1
  • Available
    2
    Townhouses
  • Estimated Completion
    Q1 2027
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
695,000
 - 
$ 
699,000
Townhouses
Investment Picks
Canopy, 55 Deans Avenue, Addington, Christchurch
  • 2
    -
    3
    2
  • 2
    -
    3
    2
  • 1
    -
    1
  • Available
    49
    Townhouses
  • Estimated Completion
    Q2 2028
  • Capital Growth 
    +
    5.01
    %
  • Gross Yield 
    4.78
    %
Price
Sold Out
$ 
709,000
 - 
$ 
1,109,000
Townhouses
Investment Picks
65 Warrington Street, St Albans, Christchurch
  • 2
    -
    3
    2
  • 2
    -
    3
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    October 2026
  • Capital Growth 
    +
    4.66
    %
  • Gross Yield 
    5.67
    %
Price
Sold Out
$ 
579,000
 - 
$ 
679,000
Townhouses
Current Properties
25 Shirley Road, Shirley, Christchurch
  • 2
    -
    3
    2
  • 1
    -
    2
    1
  • 0
    -
    1
    0
  • Available
    11
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
515,000
 - 
$ 
675,000
Townhouses
Current Properties
51 Onslow Street, Merivale, Christchurch
  • 3
    -
    3
  • 2
    -
    3
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
899,000
 - 
$ 
999,000
Townhouses
Current Properties
565 Madras Street, St Albans, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    2
    Townhouses
  • Estimated Completion
    August 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
625,000
 - 
$ 
640,000
Townhouses
Current Properties
112 Warden Street, Richmond, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Q1 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
599,000
 - 
$ 
609,000
Townhouses
Current Properties
15 Cargill Place, Richmond, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    August 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
569,000
 - 
$ 
639,000
Townhouses
Current Properties
394 Selwyn Street, Addington, Christchurch
  • 2
    -
    3
    2
  • 1
    -
    2
    1
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    July 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
649,000
 - 
$ 
779,000
Townhouses
Current Properties
38 Chelsea Street, Linwood, Christchurch
  • 2
    -
    2
  • 1
    -
    1
  • 1
    -
    1
  • Available
    2
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
519,000
 - 
$ 
539,000
Townhouses
Current Properties
9 Frankleigh Street, Somerfield, Christchurch
  • 2
    -
    2
  • 1
    -
    2
    1
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    August 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
569,000
 - 
$ 
599,000
Townhouses
Current Properties
4 Bowenvale Avenue, Cashmere, Christchurch
  • 3
    -
    3
  • 2
    -
    3
    2
  • 1
    -
    4
    1
  • Available
    3
    Townhouses
  • Estimated Completion
    Q1 2027
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
849,000
 - 
$ 
1,280,000
Townhouses
Current Properties
Te Whata Tuatoru, 14 Akoranga Place, Hornby, Christchurch
  • 3
    -
    4
    3
  • 2
    -
    3
    2
  • 1
    -
    2
    1
  • Available
    4
    Townhouses
  • Estimated Completion
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
689,000
 - 
$ 
799,000
Townhouses
Current Properties
90 Neville Street, Spreydon, Christchurch
  • 2
    -
    3
    2
  • 1
    -
    2
    1
  • 1
    -
    1
  • Available
    10
    Townhouses
  • Estimated Completion
    Q2 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
599,000
 - 
$ 
749,000
Townhouses
Current Properties
23 Webb Street, St Albans, Christchurch
  • 2
    -
    3
    2
  • 2
    -
    2
  • 1
    -
    2
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Completed
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
899,000
 - 
$ 
1,099,000
Townhouses
Current Properties
Opawa Terraces, 32 Ensors Road, Opawa, Christchurch
  • 1
    -
    2
    1
  • 1
    -
    2
    1
  • 0
    -
    1
    0
  • Available
    3
    Townhouses
  • Estimated Completion
    September 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
565,000
 - 
$ 
664,000
Townhouses
Current Properties
122 Waimairi Road, Ilam, Christchurch
  • 2
    -
    2
  • 2
    -
    2
  • 1
    -
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Q1 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
679,000
 - 
$ 
699,000
Townhouses
Current Properties
88 Hunter Terrace, Cashmere, Christchurch
  • 2
    -
    3
    2
  • 1
    -
    2
    1
  • 1
    -
    2
    1
  • Available
    1
    Townhouses
  • Estimated Completion
    Q3 2026
  • Capital Growth 
    +
    %
  • Gross Yield 
    %
Price
Sold Out
$ 
689,000
 - 
$ 
1,150,000

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'300-310 Manchester Street, Christchurch, Central, Christchurch'
Open home address:
10 Meadowville Avenue, Spreydon, Christchurch 8024, New Zealand
Time:
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