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Riversdale

106B Budge Street, Riversdale, Marlborough

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3 Dwellings
5 Bedrooms
3 Lounges
3 Bathrooms
1 Parking
844sqm Land area SQM
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Great investment opportunity - favourable returns


Looking for a favourable return on your investment?

These three units offered for sale represent great value, and most importantly - your well-considered outlay will yield you circa $68,000 return per annum.

Built in 2004 by the current owner, unit one is a separate one bedroom unit, unit two is a two bedroom unit with carport and unit three comes with its own garage, also two bedrooms - all are currently tenanted.

The interiors of the units are tidy and comfortable, they are light and bright with a good layout and have just enough yard space on each property, yet with minimal maintenance and upkeep required.

These units have always had the surety of being fully tenanted.

Privately situated, this package is being sold inclusive of GST, with current tenancy agreements and long term, good tenants in place. The return is already there, and you could consider some minor revamping/landscaping to add value to an already solid group of properties.

Astute investors will be considering yield and long-term capital gain with these three units and your viewing is recommended - an opportunity not to be missed really.

Our vendor encourages all offers, contact Campbell Gill or Jeremy Ryan to view today.

Deadline Sale
(unless sold prior)

33 Seymour Street, Blenheim

13
Jun

Time4pm
Calander
Calendar
Campbell Gill

Campbell Gill

Residential and Lifestyle Sales

Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008
Jeremy Ryan

Jeremy Ryan

Residential, Lifestyle and Waterfront Sales

Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


Investment opportunity to add to your rental portfolio

Income


Three flats are all rented out returning approx $68,000 p.a.

Location


Located a few minutes drive to central Blenheim

Section


Situated on a freehold section

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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Property files

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