Property

Welcome mat for pets

Tales of pet-owning tenants struggling to find rental accommodation abound – but one Christchurch couple believe many landlords are missing out by not being pet-friendly.

Monday, August 22nd 2016

Pet-friendly Christchurch investors Blair Anderson and Natalie Perzylo

Christchurch property investors Blair Anderson and Natalie Perzylo saw a need for pet-friendly accommodation in the city post-earthquake and moved to provide some.

The result? Not only have the couple become passionate advocates of pet-friendly housing and cities, but they have seen the rapid growth of their property portfolio.

Anderson and Perzylo, who are profiled in this month’s NZ Property Investor magazine, believe there is a widespread, ongoing failure to recognise the crucial social role animals and pets play in our lives.

The fact that few others have cottoned on to this glaring niche opportunity has been advantageous for the couple.

It’s enabled them to grow their pet-friendly property portfolio in Christchurch over the past three years, rapidly and with ease, from one to 14 income streams.

Initially, they provided short-term rental, furnished accommodation for homeowners working through post-earthquake insurance issues. 

These days they operate a little differently, but the properties are earn a good rental income: they are significantly cashflow positive with close to a 10% yield.

Anderson told NZ Property Investor that a major factor in this is that they are pet-friendly.

It’s difficult to determine how much extra the properties earn through allowing pets, but there are intrinsic benefits, he said.

“When you advertise, you have people queuing up and you get to pick quality tenants and they think you’re great landlords.

“They are more compliant. Pet-friendliness means we have good tenants who work with us or empathise with us in constructive ways.”

In his view, landlords can only benefit by being pet-friendly.

To this end, Anderson and Perzylo plan to continue growing their pet-friendly portfolio while supporting pet-friendly initiatives in Christchurch.

To read to the fully story, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

Comments

No comments yet

Most Read

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.29
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
TSB Special 4.89
ASB Bank 4.89
Kiwibank Special 4.89
Westpac Special 4.89
Kainga Ora 4.89
BNZ - Std 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
Westpac Special 4.95
BNZ - Std 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
Kiwibank Special 4.95
AIA - Go Home Loans 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
SBS Bank Special 4.95
SBS Bank Special 5.39
Westpac Special 5.39
Co-operative Bank - Owner Occ 5.59
ASB Bank 5.59
BNZ - Std 5.59
BNZ - Classic 5.59
AIA - Go Home Loans 5.59
Kainga Ora 5.69
Kiwibank Special 5.79
ANZ 5.79
TSB Special 5.89
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
China Construction Bank Special 6.44

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.