Calling all investors and first home buyers! This entry-level property in Invercargill is packed with potential and should be on your radar.
This solid 1980s brick home offers an exciting opportunity for cosmetic renovations, allowing you to increase its value over time. Its construction age also makes it more favourable for insurance purposes - a key advantage.
Currently tenanted with tenants who would like to stay on, this home is ready to provide an immediate rental return. The fully fenced, manageable 637 sqm (approx.) section is perfect for keeping pets and young children secure.
With a heat pump for cozy winters and a convenient location near Southland District Hospital, this property is as practical as it is promising. Plus, Invercargill boasts the highest median yield in New Zealand, making this an investment opportunity you don't want to miss.
• Rates: $2,541.33 per Annum (ICC)
• Bedrooms: 3
• Bathroom: 1 (shower over bath)
• Heating: Heat pump
• Healthy Homes Compliant
• New Rental appraisal $465.00 per week
• Current tenants wish to stay
Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.