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Back 3/55 Tramway Road
Off Market

3/55 Tramway Road

Strathern Southland

2
1
70 m²
Unit
Max KummMax Kumm, last sold this property on 19 July 2026 after 97 days on market.

Overview

Smart Investment with Immediate Returns!

If you're looking for a low-maintenance investment with solid returns from day one, 55 Tramway Road is well worth your attention. This tidy two-bedroom, one-bathroom property is currently tenanted on a fixed-term agreement, providing immediate income and peace of mind. With the tenant paying $370 per week, the property offers an attractive return of approximately 7%, making it a smart addition to any portfolio. The layout is practical and easy-care, designed for comfortable living while keeping maintenance to a minimum-ideal for both seasoned investors and those entering the market. Positioned within walking distance to local shops and just a short distance from the hospital, the location adds further appeal for tenants and helps support ongoing rental demand. There's also potential to review and increase rent in the future, giving you room to further enhance your return over time. A straightforward, reliable investment in a convenient location-get in touch today to secure it. 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

2 bedrooms
1 bathroom
70 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Strathern over the last 12 months, the estimated median property value of 3/55 Tramway Road is $313.5k.

Median value
$313.5k
Estimated value range
$253k - $345k
Median days on market
67
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Strathern. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/55 Tramway Road

2026
Sold
Undisclosed
19 Jul 2026 by Max Kumm, of Ray White Invercargill

Happy sellers in Strathern

89%
89% of sellers in Strathern reported that their sale price either exceeded or met their price expectations.

Strathern stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Strathern over the last 12 months.

Local market activity for 2 bedroom units in Strathern

In the last 12 months, 3 two-bedroom units similar to 3/55 Tramway Road, have been sold.

This represents a 300% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Strathern

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Sheree Williams

Sellers who recommend Sheree Williams have praised them for being clear communication, local expert, responsive, dedicated, friendly, well-prepared and reliable

  •   4.9   (214 reviews)
  •  8 Reviews in Strathern
  •  8 Sales in Strathern
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Claire Campbell

Sellers who recommend Claire Campbell have praised them for being clear communication, local expert, reliable, well-prepared, supportive, honest and responsive

  •   4.9   (89 reviews)
  •  7 Reviews in Strathern
  •  8 Sales in Strathern
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Rhys White

Rhys White is an award winning recommended agent for Strathern.  They have 6 local sales and collected 6 local reviews across the last 12 months.

  •   5   (119 reviews)
  •  6 Reviews in Strathern
  •  6 Sales in Strathern
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Wesley Baratcart

Sellers who recommend Wesley Baratcart have praised them for being clear communication and local expert

  •   5   (20 reviews)
  •  6 Reviews in Strathern
  •  6 Sales in Strathern
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