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

Ross Malcolm

Ross Malcolm
027 519 2556
027 519 2556

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