With a rateable value of $122,000 and income of $160.00 p/w in rent the current returns on this investment property challenge comparison in today's rising real estate market. Close to Timaru CBD and Caroline Bay this 2 - bedroom unit has a separate lounge with heat pump and off street parking to a carport. This property is not for the faint at heart as it does have some external damage, there is however an engineer's report on file for those wishing to investigate further. Purchased several years ago by my sellers, the income verses outlay was too good to look past. You do the maths - for viewing call Tracey today!

Please be aware the floor and land area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same.