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Back 53 Bowmont Street
Off Market

53 Bowmont Street

Appleby Southland

4
3
House
Last sold for $620,000
Adam LoveAdam Love, last sold this property on 18 December 2025 after 10 days on market.

Overview

Character Investment with Triple Income Stream

This 1920s character home on Bowmont Street has been thoughtfully converted into three separate flats, creating a solid investment opportunity in Appleby's sought-after location. With SIT, Mitre 10, and supermarkets all within easy walking distance (according to Google Maps), this property offers tenants genuine lifestyle convenience that helps keep vacancies low. Current Rental Setup: - Flat 1 (one bedroom): $310 per week - Flat 2 (two bedrooms): $340 per week - Flat 3 (one bedroom): $280 per week - Total weekly income: $930 - All flats currently tenanted The property comes with peace of mind for investors - Healthy Homes compliance is complete and meth tests were conducted before the current tenants moved in, so you're buying a property that's ready to perform from day one. Property Features: - Character home circa 1920s - Three separate self-contained flats - Each flat with its own kitchen and bathroom facilities - Heat pumps in all three flats - Separate meters for fair utility management - Triple carport - 607m² section (more or less) This is honest investing - the property has been divided to maximize rental return, and while it's showing its age in places, it's been maintained to meet all compliance requirements. The real value here is in the numbers: three income streams from one property, in a location where tenants actually want to live. The Appleby location keeps this property attractive to tenants. Students can walk to SIT, anyone can grab groceries or hardware without jumping in the car, and the neighbourhood offers that established feel that long-term tenants appreciate. For investors looking at the Invercargill market, this is a straightforward proposition - multiple income streams, proven rental history, and compliance already sorted. The character features are a bonus, but the real story is in the rental yield and the location that helps maintain it. Make the smart move - contact me today to arrange a viewing. Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at: https://www.smr.co.nz/passing-over-of-information Smart Move Residential is Powered by Agent X (2021) Ltd - Licensed Agent REAA 2008

Features

4 bedrooms
3 bathrooms
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Appleby over the last 12 months, the estimated median property value of 53 Bowmont Street is $475k.

Median value
$475k
Estimated value range
$220k - $670k
Median days on market
45
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Appleby. 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 53 Bowmont Street

2025
Sold
$620,000
18 Dec 2025 by Adam Love, of Smart Move Residential

Happy sellers in Appleby

88%
88% 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 30 reviews in Appleby over the last 12 months.

Local market activity for 4 bedroom houses in Appleby

In the last 12 months, 4 four-bedroom houses similar to 53 Bowmont Street, have been sold.

This represents a 17% increase in four-bedroom houses 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 Appleby

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Adam Love

Sellers who recommend Adam Love have praised them for being well-prepared, clear communication and local expert

  •   4.9   (50 reviews)
  •  7 Reviews in Appleby
  •  7 Sales in Appleby
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Craig Heyrick

Craig Heyrick is an award winning recommended agent for Appleby.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (151 reviews)
  •  4 Reviews in Appleby
  •  4 Sales in Appleby
View profile
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Shelley Henderson

Shelley Henderson is a recommended agent for Appleby.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (100 reviews)
  •  4 Reviews in Appleby
  •  3 Sales in Appleby
View profile
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Peter Driver

Sellers who recommend Peter Driver have praised them for being clear communication, local expert, supportive, responsive, friendly, honest and well-prepared

  •   4.9   (184 reviews)
  •  3 Reviews in Appleby
  •  2 Sales in Appleby
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