Ray White Invercargill

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Ray White Invercargill
Progressive Realty Group Ltd Licensed (REAA 2008)

Real Estate Agents

Ray White Invercargill
Ray White Invercargill
33 Arena Avenue
Avenal
Invercargill 9810
Listing #:
INV34465
Listed:
27 days ago

By Negotiation

Smart Investment Opportunity!

105 Grace Street, Appleby, Invercargill
Residential House
bedroom
5 Bedrooms
bathroom
4 Bathrooms
floorarea
260m2 Floor Area
landarea
1,520m2 Land Area
About this property
A wonderful investment opportunity here for the savvy investor.

A large 260M2 approx. weatherboard villa converted into four flats. There are three one-bedroom units and the fourth is a two-bedroom unit. Currently returning $1040.00 per week with scope to increase this substantially.

Heating is by way of heat pump and there is insulation in place. The building is on the rear of a 1520m2 approx. section which leaves room on the front for another dwelling. (Subject to council approval)

The location is great only a short walk to the South City Centre with all its amenity's and a short drive to to SIT and Invercargill Central.

Call today for more info. Inspection is by appointment only


Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. 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.
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