[Done Deal] From Long-Term Rental to High-Yield Airbnb
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City Centre, Christchurch 3 Beds 3 Bath 64
At iFindProperty, we love sharing real stories that highlight the potential of smart investing—and this recent townhouse purchase inside the four avenues of Christchurch is a perfect example of just that.
Recently acquired by one of our clients, this 3-bedroom, 3-bathroom freehold townhouse offered immediate returns and exciting future upside. Initially tenanted by a group of reliable medical students, the property was already delivering a 5.4% gross yield. And our investor walked straight into instant equity.
But she didn’t stop there.
While the current tenancy runs through to the end of the year, the buyer is already planning to pivot the property into her expanding Airbnb business—a move that will significantly boost the cash flow beyond what the long-term rental strategy currently provides.
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Working with Leanne and Dave was a fantastic experience. Their knowledge of the market, clear communication, and genuine professionalism made the entire investment property purchase smooth and stress-free. They were always responsive, honest, and incredibly efficient. I wouldn’t hesitate to recommend them and would gladly work with them again.
With three bathrooms (one per bedroom), a secure car park, and a spacious living area, the townhouse is tailor-made for short-term stays. It sits in a prime central location, walking distance to the CBD, with views of the upcoming Christchurch stadium—making it an attractive option for tourists, professionals, and event-goers alike.
“It’s rare to find a layout this well-suited for short-term guests. The three bathrooms allow me to market it to groups while giving each guest privacy,” the new owner says. “Plus, the low-maintenance setup and central location make it an ideal Airbnb.”
This is a fantastic example of how our clients are leveraging flexible investment strategies to maximise returns. While the property worked well as a long-term rental, it also offered an opportunity to add value and boost yield through a short-term letting strategy—something many investors overlook.
Key Investment Highlights:
This is the kind of dual-strategy potential we actively look for when sourcing property deals—strong holding income from day one, with clear value-add or cash flow upside in the near future.
If you’d like to explore similar investment opportunities in Christchurch or other key markets, reach out to the iFindProperty team. We’re here to help you build a portfolio that grows in value and delivers real results.