A 272m² Christchurch property consisting of a 6 bedroom house and a 3 bedroom unit, generating $2,070 per week in rental income. The property can be rented separately as two standalone tenancies or by the room, offering flexibility to maximise income. At a purchase price of $895,000, the property delivers a 12% gross yield and $500 per week positive cashflow after all expenses. Situated on a 655m² freehold site, this is an exceptional high-yield property with strong rental demand driven by Christchurch's growing population.
| Purchase price | $895,000 |
| Weekly rental income | $2,070 pw |
| Annual gross income | $107,640 pa |
| Gross yield | 12% |
| Bedrooms | 9 |
| Bathrooms | 3 |
| Floor area | 272m² |
| Land area | 655m² |
| Council rates | $5,690 pa |
| Insurance | $4,500 pa |
| Cashflow positive | $500 per week |