NZ Property Investor

SWEET SUCCESS

When high school sweethearts Renee (31) and Vaughan (29) Tither from Southland moved to Christchurch together to pursue study in 2011, they couldn’t have predicted that less than a decade later they would own eight properties in the residential and commercial sectors.

Neither of them had family involved in property investment, yet while they were flatting in Sockburn, “a real shi##er” came up two doors down and it seemed like a logical move to purchase it. Especially considering its price tag of just $247,500 – for a three-bedroom house with a two-bedroom sleepout.

It was not only their first foray into property, but also into renovation. Vaughan was completing an electrical apprenticeship at the time, and the pair got stuck into renovating before moving in – installing a new kitchen, a new bathroom, curtains and painting throughout.

The entire renovation cost just $12,000

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