477 - 479A Yarrow Street, Glengarry, Invercargill

Four flats. One opportunity.

For experienced investors looking for scale and the opportunity to add value, this substantial multi-unit property deserves attention.

Positioned on 1,875 sqm (more or less), the property comprises four two-storey dwellings, all currently vacant and offering flexibility for a purchaser to determine their next move from settlement.

Built in the 1950's, the configuration includes two three-bedroom and two four-bedroom homes. Each has a practical two-level layout with separate living, kitchen, laundry and toilet downstairs, while the bedrooms and bathroom are positioned upstairs. Individually fenced backyards provide separation between the dwellings, complemented by off-street garaging.

The properties are presented in varying condition, providing clear scope for refurbishment and improvement. Importantly, a new roof was completed in 2025, representing a significant recent investment across the property.

For those prepared to undertake the work, the combination of four vacant dwellings, substantial landholding and established residential location presents an opportunity to reposition the asset and unlock its potential.

Located handy to Glengarry Shopping Centre and local amenities, the property is well positioned for its future use. Recent rental appraisal available on request.

Four dwellings. Vacant possession. One opportunity to add value at scale.

Deadline Sale: Thursday 10 September at 1.00pm (no prior offers). Viewing by appointment with Gareth Kennedy and Nikki Dermody.

To be sold “as is, where is”. Purchasers are advised to undertake their own due diligence in relation to the property and its suitability for their intended use.