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Appleby, 150 Eye Street

Low Maintenance Investment

$799,000 Plus GST (if any)

Listing Number: IV36932
About this listing
Just been built and all rented out. 4 quality built rental flats (all on one title) currently rented at:
Unit A, 2 bedroom plus garage 98m2 - $385pw
Unit B, 2 bedroom 70m2 - $300pw
Unit C, 2 bedroom 70m2 - $300pw
Unit D, 1 bedroom 24m2 - $180pw
Total $1165pw
In a very handy area close to Southern Institute of Technology (S.I.T) and the supermarkets and town, which make them easy to rent out.
Some have fridge/freezer/washing machine, 2 dryers floor coverings and window coverings.
Low maintenance, handy location, popular investment.
Total building size 263m2 land area 767m2.
7.58% gross return on new building!! This is good for a new building, makes very low maintenance for years to come. It reflects the cost of building.
Ring now for full details and inspection.
Property Information
  • Approx Floor Area: 263 sqm
  • Land Size: 767 sqm
  • Tenure: Fee Simple
  • Property Type: Other (Block of 4 flats)

Contact Details

Invercargill

Holmwood Real Estate Ltd

Licensed REAA 2008

182 Dee Street
Invercargill
Office website

Property Location

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