Client success story: Building a cash-flowing asset

At Wolfe Property, we specialise in helping everyday investors find untapped potential in the property market and turn those overlooked opportunities into high-performing, cash-flowing assets. This week, we’re highlighting how one of our clients unlocked significant value in an off-market property in Christchurch Central with a smart renovation and strategic upgrades.

Our investors were local and not only threw their sweat equity and skills in, but the kids knuckled in too. This family affair taught the kids the importance of investing and they had a tonne of fun along the way.

They’re already on to other projects, building their family’s wealth and future retirement income. This is a rental that offered several quirky features, including a double-garage that was 90% already a rumpus, and with a lick of paint and fresh carpet, helped to convert this (previously rat-infested) owner-occupied house in to a 5 bed 2 bath cashflow machine

The opportunity:

🏡 Property type: Off-market standalone home in Christchurch Central

💰 Purchase price: $420,000

🛏️ Configuration: Originally 3 bedrooms

The renovation:

With a renovation budget of $60,000, my clients added an extra bedroom, transforming the property into a 4-bedroom home. This upgrade increased both the rental potential and the property’s market valuation.

The results:

📈 Revaluation: $670,000

💸 Rent: $730 per week

Why this worked:

✅ Off-market deal = less competition, better price

✅ Adding a bedroom = increased market appeal and rental income

✅ Smart renovation budget = significant uplift in property value

Want to learn how you can do the same? If you’re ready to make your move in the property market - book your free 15-minute call with Ilse.