A wonderful investment opportunity here for the savvy investor.
A large 260m2 approx. weatherboard villa converted into four flats. There are three one-bedroom units and the fourth is a two-bedroom unit. Currently returning $1040.00 per week with scope to increase this substantially.
Heating is by way of heat pump and there is insulation in place. The building is on the rear of a 1520m2 approx. section which leaves room on the front for another dwelling. (Subject to council approval)
The location is great only a short walk to the South City Centre with all its amenity's and a short drive to to SIT and Invercargill Central.
Call today for more info. Inspection is by appointment only
Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
Features
5 bedrooms
4 bathrooms
260 m² floor area
crop_free1520 m² lot size
cottageHouse
Property history for 105 Grace St
2018
Sold
16 Feb 2018 by John Hawke, of Ray White Invercargill
Happy sellers in Appleby
90%
sentiment_very_satisfied
90% of sellers in Appleby reported that their sale price either exceeded or met their price expectations.
Appleby stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 31 reviews in Appleby over the last 12 months.
Local market activity for 5 bedroom houses in Appleby
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.