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Appleby

157 Eye Street, Appleby, Invercargill City

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10 Bedrooms
5 Bathrooms
1,012sqm Land area SQM

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).

Tender
(will not be sold prior)

62 Kelvin Street, Invercargill

10
Nov

Time4.30pm
Calander
Calendar
Jacqui van Dam

Jacqui van Dam


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

Sean Bellew


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

Features

Chattels


Washing machines, dishwasher, heat pump included in all units

Investment


Great investment opportunity

Layout


Tow bedroom, one living and off street parking

Local amenities


Close to city and SIT