157 Eye Street, Appleby, Invercargill City

Sold as one lot

Five two-bedroom apartments (all on freehold cross-lease titles) with all the maintenance up to date, re-roofed, new spouting, exterior repainted, and double glazing incorporated. The kitchens and bathrooms both have been updated.

All have long-term sitting tenants, returning $82,142.56 a year. The potential for an increase in return as rent reviews come to hand very shortly, the current rental assessment can be read in the prospectus.

These apartments are all fully insulated and Healthy Home Compliant and totally rewired with RCD fuse boxes.
Very close to the CBD and the SIT Campus.

To be sold by way of Tender, closing Friday the 10th of November, 4:30 pm. (No prior offers considered).