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Strathern

189 Tramway Road, Strathern, Invercargill City

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3ย Bedrooms
1ย Bathrooms
2ย Parking
647sqmย Land area SQM

First home - Small Mortgage!


First home buyers this is your opportunity to own a solid 1960's home with majority of the renovations already completed. New carpet, paint, and heat pump plus a double garage and carport on a fully fenced private section. Where else in Invercargill can you find better value? Investors, do the numbers the approx. yield is 7% gross return at $450.00 per week rent. Three double bedrooms with wardrobe space, open-plan kitchen and living, near new heat-pump, Separate laundry, double carport + double garage with plenty of storage space on a fully fenced section for children and pets. Plenty of car parking space and bathroom & kitchen to finish.
Rates $2,225.09, CV $260,000. Rental appraisal: $380 P/W. 'As is' or $450.00 P/W with renovated bathroom and Kitchen. Get a head start in life, lock in the affordable 3-5-year interest rate now and you'll be set for your future. I look forward to meeting you in person and helping you make Southland home.

Asking Price NZ$299,000
Joshua Allison

Joshua Allison


Southern NZ Real Estate Brokers Ltd,
Licensed under the REA Act 2008

Features

Car parking


Double garaging & double carport

Investment


Yield is 7% gross return at $450.00 per week rent.

Opportunity


Affordable first home or entry-level investment

Priced to sell


Partially renovated