Available PropertyFiles:

District Plan - 31:17 Bunyan Street.pdf
Image - 31:17 Bunyan Street.pdf
LIM - 31:17 Bunyan Street.PDF
LLUR - 31:17 Bunyan Street.pdf
Property Search - 31:17 Bunyan Street.pdf
REA Buying & Selling Guide.pdf
Rates - 31:17 Bunyan Street.pdf
Solid Fuel Burner - 31:17 Bunyan Street.pdf
Title - 35:17 Bunyan Street.pdf

Property Description

Properties that combine strong cash flow, low maintenance, and a proven rental setup are becoming increasingly difficult to secure. This 2017 built townhouse delivers all three, offering a potential gross yield of 8%+ based on previous rental performance. For investors seeking strong returns in a city-fringe location, opportunities like this are becoming increasingly rare.

Designed for maximum functionality, the layout offers three bedrooms, each paired with its own bathroom, creating a level of privacy rarely found in comparable properties. This configuration has proven highly effective for room-by-room rentals, helping maximise occupancy appeal and rental performance.

The open-plan kitchen, dining, and living area provides a practical and modern space, flowing effortlessly to a private outdoor area. Built in 2016, the property benefits from contemporary construction standards, double glazing, and a low-maintenance design that allows owners to focus on returns rather than ongoing upkeep.

Key Features

• Three bedrooms, each with its own bathroom and private balcony
• Previously rented room-by-room for $870 per week.
• Open-plan kitchen, dining and living area
• Modern construction with low-maintenance appeal
• Two dedicated car parks
• Healthy Homes compliant
• Secure gated complex
• Body Corporate manages exterior maintenance

Investment Highlights

• Potential gross yield of 8%+ based on previous rental performance
• Proven room-by-room rental configuration
• Strong appeal to professionals, students, and city workers
• Low-maintenance "set and forget" ownership
• Modern build providing long-term peace of mind

Location

• Minutes from Christchurch CBD
• Close to Te Kaha Stadium
• Easy access to major transport routes
• Park located nearby
• Convenient connection to the Port Hills, cafés, restaurants, and city amenities

Additional Information

• Floor Area: 96m2
• CV: $480,000
• LV:180,000
• IV:300,000
• Rates: $3,553.54
• Built: 2017
• School Zones: Waltham School, Hillview Christian School, Te Aratai College, Hagley College, Middleton Grange School, Christchurch Adventist School, Marian College
• Legal description: Unit, Principal Unit 9 and Accessory Unit 17A, 38A Deposited Plan 500778
• Certificate of Title: 745800

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood, and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. This information has been supplied by the vendor or the vendor’s agent/s. Accordingly, Next Step Realty Limited t/a Ray White Barrington is merely passing over the information as supplied to us by the vendor or the vendor’s agent/s. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are recommended to conduct their own due diligence investigation into the same. To the maximum extent permitted by law, Next Step Realty Limited t/a Ray White Barrington does not accept any responsibility to any person for the accuracy of the information herein.
3. The customer viewing this information is actively encouraged to seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the customer decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgment and contrary to the recommendation of the agent.
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Contact Amar Ghuman

Next Step Realty Limited

Licensed Real Estate Agents (REAA 2008)

020 4051 5352 amar.ghuman@raywhite.com All Listings

Amar is a dedicated real estate professional with a strong background in business management. As a successful business owner, he brings a wealth of entrepreneurial experience and strategic thinking to his real estate practice.

With his wife managing their business and a child to care for, Amar understands the importance of balancing family life with professional endeavors. His dedication to his family is mirrored in his commitment to his clients, ensuring that their real estate needs are met with the utmost care and attention.

Fluent in English, Hindi, and Punjabi, Amar is able to connect with a diverse range of clients and communities. He leverages his language skills to provide personalized service and build strong relationships with his clients.

Whether you are buying, selling, or investing in real estate, Amar is dedicated to providing you with exceptional service and ensuring a seamless transaction process.

"Success in real estate comes down to two factors: Taking care of and valuing the customer."

Contact Ali Ahmadi