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Strathern

189 Tramway Road, Strathern, Invercargill City

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

Asking Price NZ$299,000

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.

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