Invercargill Investment Gem

  • NZ$565,000
Featured For Sale

Description

Located in the desirable Avenal area of Invercargill, this multi-income property offers investors a reliable income stream with minimal maintenance required. The property consists of two 2-bedroom units, with the front unit recently renovated to a high standard. The exterior features low-maintenance stucco over brick, and a new roof has been installed, ensuring longevity and reducing future costs. Currently generating $815 per week in rent, this property offers a 7.5% yield on the asking price, making it an attractive option for income-focused investors. The property’s location in a well-established part of Invercargill adds to its appeal, with close proximity to schools, shops, and public transport. With a low-maintenance structure and good rental demand, this property is perfect for those seeking a hassle-free investment that can deliver solid returns. Whether you’re an experienced investor or just starting, this property offers a secure and easy-to-manage option in one of Invercargill’s best neighborhoods.

Address

  • City INVERCARGILL
  • Zip/Postal Code 9810
  • Country New Zealand

Details

Updated on January 14, 2025 at 5:42 am
  • Price: NZ$565,000
  • Bedrooms: 2
  • Rooms: 2
  • Bathroom: 1
  • Property Type: Multi-Income Property
  • Property Status: For Sale

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