Eight roomy neat flats all two bedroom flats, many with heat pumps and close to SIT - Southern Institute of Technology, town and supermarket. A top rental area!! All on separate titles, Freehold Cross Lease. Please check as these should be able to be sold individually if required. Proven tenancy record.
Building size 510 m2 = 63.75 m2 per flat (a good size for a 2 bedroom flat).

-Low maintenance building and yard
-Off street car parking
-Land size 1,012 m2
-North owner says sell
-1970s purpose built building

Rateable Value: $888,000
Average rent for two bedroom flats in Invercargill is $185 per week; this was obtained from the Ministry of Business Innovation and Employment figures September 2014 to February 2015. Good potential for a new owner. Property Manager available if required.

NB: No GST to pay or claim back.

For full details and inspection please contact David McKillop, 027 434 0709