3 Neat 2 Bedroom Flats at 246 Tweed Street, (Flats 1, 2 and 4), Invercargill
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Popular rental area, close to Southern Institute of Technology and the centre of town. Low maintenance building.
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Electric kitchen, open to living area, two double bedrooms with wardrobes some appliances in some of them. The roof has recently been neatly repainted.
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Price: $267,000
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Rent: Flat 2 is to rent at $175 per week say x 3 = $525 x say 50 per week = $26,250 pa
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Flats 1, 2, 4: 2014 Capital Value: $270,000
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Flat One: The tenant has been there for many years and only paying $170.
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Flat 4 is $170, both are probably due for a review.