Southland Express Property Press Liftout

Investment property - prime location

84 Mary Street, Richmond, Southland

$799,000 Listing#: 439826 6+ 4 Land: 673.00 m2

As a rental investment this purpose-built accommodation is hard to beat. Four two-bedroom flats mean there's potential for 4 income streams. Covering 254sqm of floor space, the plans provide ample living/kitchen space for each unit, along with a bathroom and separate toilet. Projections show there's the potential for yields of upwards of 8% in an unfurnished state, and more should you choose to furnish. Created with the student market in mind, the property is close to SIT, city and Queen's Park and sits on 673sqm of land. A genuine opportunity exists - pay 10% deposit now and the balance upon completion. • Four two-bedroom flats purpose-built for the burgeoning accommodation sector • Construction commencing November, estimated for completion end of April 2017 • Clever layout to maximise rental returns Agency Reference : 26531

Property type: unit
Listed on: 16 May 2017 01:09 a.m.
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Agency details
Hoamz Southland

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Hoamz Southland
99 Spey Street, Invercargill, New Zealand

Ross Malcolm

Ross Malcolm
027 519 2556
027 519 2556

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