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5/214 Crinan Street, Appleby, Invercargill, Southland, 2 Bedrooms, 1 Bathrooms, Unit

Deadline Sale (no prior offers considered)

5/214 Crinan Street, Appleby, Invercargill, Southland

2
1
80m2
UnitListed on Mon Jun 10

Appleby 2 Bedroom HIGH RETURNS

Now that the brightline is 2 years, this is the opportunity for you to get onto the investment ladder. This is a no-brainer investment, why?

The Southland real estate market is on an upward trajectory, with property values and rental rates consistently rising. Investing here means capitalising on an area poised for significant appreciation and with room for improvement. Whether you're a seasoned investor or looking to start your real estate portfolio, this property offers a golden opportunity for high returns. Don't miss out on securing a valuable asset.

• Location: Walking distance to S.I.T., parks, shops and close to the CBD

• Currently rented at $375 P/W on a periodic agreement and tenants wish to stay

• Partially double glazed

• Heat pump

• Low rates: $1,981.40

• GV $220,000

• Floor area approx. 80sqm

• 2 bedrooms

• Low-maintenance property

• Room to improve for capital gain

• Healthy Homes compliant

• Vendor is seriously motivated and instructs must be sold! All offers considered.

Did you know the Southland Property Capital Growth has risen 316.761% in the last 20 years? This is the highest percentage in the country. First home buyers, here is an opportunity for you to get into the property market. Make your move and get into Investing in Southland, don't think about the current value, think about the future value.

All offers to be submitted by 4pm on Tuesday 2nd of July 2024 (no prior offers accepted). We look forward to helping you make Southland home.

Disclaimer - This property is being sold without a price and therefore a price guide can not be provided. All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Location

Council Data

Last update : Invalid Date Invalid Date Invalid Date
Improvement value
Land value
CV(Year Invalid Date Month Invalid Date)
View typeNo appreciable view
ContourLevel
Floor area80m²
Decade of construction1979
TitleSL5D/1127
Type of titleCross-Lease
Legal descriptionSEC 16 BLK XXXVIII TN OF INGILL - 1/6 INT 1012SQM FLAT 5 DP 10111
CouncilInvercargill
Estate descriptionFSIM,1/6,SECTION 16 BLOCK XXXVIII TOWN OF INVERCARGILL,1012m2
ConstructionExternal Walls: Mixed Materials Roof: Iron
ConditionExternal Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Invercargill Middle School
1.22 km
Primary
1-6
Government
Co-Educational
EQI: 480
3
St John's Girls' School (Invercargill)
2.70 km
Primary
1-8
Government
Single Sex-Girls
EQI: 405
9
Verdon College
3.28 km
Secondary
7-15
Government
Co-Educational
EQI: 459
6
Southland Adventist Christian School
5.23 km
Primary
1-8
Government
Co-Educational
EQI: 461
5

Property history

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For developers

Unitary plan:-
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Sold date
Sold
Data source
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1
120m2
Year 2024 Month 03 Day 22
$346,000
Council approved

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Ref:INV33285Last update:2024-06-25 12:30:57