11/09/2026
PROJECT CARRINGTON | NZ 🇳🇿
Want to know how we transformed 4 x 1-bedroom units
into 4 x modern 2-bedroom units — taking an $820K multi-unit property to a $1.6M asset?
🏠 Purchased at auction in 2025 at a competitive price, this purpose-built block was originally designed for long-term rentals and strong rental returns closer to the C*D.
🚀 $600K+ equity uplift in just a few weeks
🚀 4 x 1-bedroom → 4 x 2-bedroom units
🚀 50% rental increase
🚀 11% gross yield (approx)
🏆 Game Plan
We renovated 2 units at a time, ensuring rental income was never affected from day one. With all teams working to a precise schedule, the transformation was completed efficiently while keeping the property performing throughout the renovation.
✨ The result? Modernised 4 x 2-bedroom units, stronger rental returns and significant equity uplift.
🤝 Boardroom Collaboration
Wolfe Property Coaching × COACHELLA PROJECTS 🏗️🏘️
Watch this space… ✨
