Southland Express Property Press Liftout

Investment Property - Superior Location

166 Eye Street, Appleby, Southland

$825,000 Listing#: 469097 6+ 4 Land: 809.00 m2 Floor: 254.00 m2

As a rental investment, this purpose-built accommodation is hard to beat. Four two-bedroom flats mean there's potential for four 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 sits on 809sqm of land. A genuine opportunity exists - pay 10% deposit now and the balance upon completion. • Four two-bedroom flats, similar design to vendors previous project at 84 Mary Street • Construction commencing soon • Clever layout to maximise rental return Agency Reference : 27448

Property type: unit
Listed on: 11 May 2018 02:00 p.m.
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Agency details
Hoamz Southland

© 2015 hoamz. All rights reserved. hoamz ltd, licensed real estate agent (REAA 2008)

Hoamz Southland
99 Spey Street, Invercargill, New Zealand

Agents
Ross Malcolm

Ross Malcolm
invercargill@hoamz.co.nz
027 519 2556
027 519 2556

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