Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Timaru

2A White Street, Timaru, Timaru

Watchlist
Share
11 Bedrooms
5 Bathrooms
1,095sqm Land area SQM

Prime property, five flats in one


Secure yourself an outstanding residential investment, with this two-storey, sizeable block of five, fully tenanted flats.

Standing tall and pleasing to the eye, the property has been modernised, each flat in a tidy and neat condition, with double glazing throughout. With a welcoming entranceway and well-maintained surrounding grounds, the new owner will quickly spot the value this asset will provide.

This property has been earthquake strengthened and will suit multiple buyer types. It would make an excellent addition to your rental portfolio. You may be a local or out of towner looking for a Timaru investment, or you may be looking to live in one, while receiving income from the others. The new owner will receive a strong income from current tenants and a shortage of rental property in Timaru, will ensure future returns.

Perfectly positioned, the flats welcome vast sunlight and feel warm and homely. There is a mixture of one, two and three-bedroom flats. Positioned to please, location is close distance to Caroline Bay and Central Timaru for ease of living/working.

Do not miss out on this outstanding opportunity. Call the sole agents for more information today.

For Sale by Negotiation
Jessica Frewen

Jessica Frewen


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
David Archibald

David Archibald


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


Strong rental income.

Key features


Five tenanted flats, earthquake strengthened and modernised with double glazing.

Location


Situated close distance to Caroline Bay and Central Timaru.

Potential


Rent them all or live in one and rent the others.