Invercargill Central, Invercargill.

Generating a good income plus option for potential rental growth is this two level property, well situated on busy Yarrow St with ROW from Spey St. Comprising of four leased tenancies with a good mix of tenants all on varying lease terms to diversify risk, plus advantaged by 23 on site car parks. Two vacant areas make this an excellent investment for an owner/occupier to use one tenancy and reap the returns, receiving an income from the leased tenancies plus the opportunity to increase the rental income by leasing the remaining area. Total floor area approximately 920m2 along with a land area of 1459m2 Net annual income in excess of $82,000 + GST with potential to be well in excess of $110,000 + GST. Invest or occupy, the choice is yours. Price $950,000 + GST (if any)