Invest In Property

2 bedrooms and only a 6 minute walk to the beach the property makes a great beach bach or rental investment.

Fully fenced and private you can laze in the sun or stroll to the beach for a dip.

The walk to Bayfair will take you about 12 minutes but it’s only 2 minutes in the car on those hot days.

Currently it is tenanted at $280 per week.

Price: $375,000

• What if you could buy a rental property for $173,000 that had a potential rental income of $18,000 per year?
• Then you found out that the tenants paid for their own power and expenses.

This really is as simple as residential property investing gets.

A nice brick home legally (council consents) divided into two 1 bedroom flats.

Each flat has its own kitchen and bathroom.

This property has the benefits of close proximity to the Southern Institute of Technolgy and town center in Invercargill as well as the peace of mind of a great location.

Each unit has a heat pump (air conditioner), fridge, washer and its own garage. The rental assesment of $160 to $180 per week is realistic at the higher end.

The property is available today for $173,000.