Capital Value $78,000 includes Land Value $40,000
Invercargill City Council Rates $1,969
NB: The tenant has fenced the property at his expense.

Currently Leased Term: Two years with no right of renewal from 1 February 2014. Rent $7,200 plus GST.

NB: The tenant has first right of refusal if the property becomes available for sale before the expiry of the lease. Should the tenant not take up the offer to purchase and the property is sold to a third party. The tenant agrees that they will vacate the property if required with three months notice from the landlord in other words.
For Sale - with a tenant as an investment or empty building (three months notice) to use for yourself.
NB: The security fences belong to the tenant.

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