Pictures23

Map

95 and 95A Creyke Road, Ilam, Christchurch City

Name: Open Home - 02:00pm - 02:30pm
Start: 2026-02-08T01:00:00.000Z
End: 2026-02-08T01:30:00.000Z
Location: 95 and 95A Creyke Road

Auction, 21 Feb 2026 10:00

12

7

809m²

Prime Student Location, Multi Income Asset

Auction (unless sold prior)

10am, Sat 21 Feb 2026

3 Deans Avenue, Christchurch 8011

Located in the highly sought-after rental suburb of Ilam, this dual-income investment property presents an outstanding opportunity for switched-on investors. The property comprises two dwellings, each with six bedrooms, delivering strong, reliable rental returns with significant potential for future growth. Well suited to a buy-and-hold strategy, it also offers long-term subdivision and redevelopment potential.

Situated on an 809sqm (more or less) freehold site, the property is zoned TC2, Medium Density Residential, further enhancing its development appeal. Fully tenanted with fixed-term leases in place until 31st January 2027, the property generates a combined rental income of $2,550 per week, equating to $132,600 per annum, ensuring immediate and consistent cash flow from day one.

•Two dwellings, each with six bedrooms

•Total rental income of $2,550 per week across two fixed-term tenancies until early 2027

•Generous off-street parking

•Prime location within walking distance of the University of Canterbury

•809sqm (more or less) freehold title

•TC2, Medium Density Residential zoning

•Additional sleepout/storage room on site

•Fully tenanted for a seamless transition to new ownership

Conveniently positioned close to the University of Canterbury, Jellie Park, and Westfield Mall, the property is highly attractive to university students and young professionals alike. The combination of strong holding income, future development potential, and a premium location makes this an exceptional opportunity for long-term land bankers or savvy investors.

Our owners have provided clear instructions—this property must be sold on or before auction day.

To download the Property Files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/5529497

Additional details

Type

House

Property ID

5529497

Listed on

28/01/2026

Updated

29/01/2026

Open Homes3

Sun, 8 Feb

02:00PM - 02:30PM

Wed, 11 Feb

12:00PM - 12:30PM

Sun, 15 Feb

01:30PM - 02:00PM

Auction1

Sat, 21 Feb

10:00AM

Property insights

OneRoof estimate

Interested in Christchurch City?

Find estimate

OneRoof mentions

Listed for sale on OneRoof for 11 days (last updated on 28 January). There are 3 12-bedroom properties for sale nearby. There are 25 properties for sale in Ilam.

About the area

Market insights

Insights for all bedroom homes in Ilam

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Home services

Mortgage Calculator

NEW

Fortnightly Repayments

Loan term

Total interest

Interest rate

Total cost

Press calculate to work out your mortgage repayments and how quickly you can pay off your loan.

Find out what you can afford Apply now

Disclaimer

Home Improvements Loan calculator

Get a house insurance quote

On your side with these great benefits

Natural disaster cover for earthquakes, natural landslips, hydrothermal activity, tsunami, natural fires, & volcanic activity.

Temporary accommodation for you, your family, and your pets if you need to be evacuated from your home.

Get replacement keys and locks if yours get lost or stolen and pay no excess.

Access to AMI HomeHub, our first-class home repairer that brings together a team of experts to take care of your home claim repairs from start to finish.

Learn about these great benefits and more

*Exclusions and limitations apply. Talk to us about these or refer to the full policy document which can be found on our website.

Ilam, Christchurch City

Ilam is a suburb which lies within the Territorial Authority of Christchurch, one of 116 residential suburbs which form the wider region. Ilam is the 11st largest suburb of Christchurch in terms of the total number of residential housing stock. Ilam provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Ilam is made up of approximately 99% residential housing and 1% residential investment housing properties.

Learn more

Advertise with OneRoof