Christchurch
12% Yield - 9 Bedrooms - $2,070 pw
9 Bedrooms - 3 Bathrooms
Price
$895,000
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12%
Gross yield
$2,070
Weekly rent
$500
Weekly cashflow

Why this property

  • 12% gross yield at $895,000 - exceptional value
  • 6 Bedroom + 3 Bedroom Unit
  • Can be rented separately or by the room
  • $500 per week cashflow positive after all expenses
  • Generous 272m² floor area on 655m² land
  • Strong rental demand in Christchurch rental market

About this property

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.

Financial summary

Purchase price$895,000
Weekly rental income$2,070 pw
Annual gross income$107,640 pa
Gross yield12%
Bedrooms9
Bathrooms3
Floor area272m²
Land area655m²
Council rates$5,690 pa
Insurance$4,500 pa
Cashflow positive$500 per week