1,095sqm
land area
Investment | Strong rental income. |
Key features | Five tenanted flats, earthquake strengthened and modernised with double glazing. |
Location | Situated close distance to Caroline Bay and Central Timaru. |
Potential | Rent them all or live in one and rent the others. |
Secure yourself an outstanding residential investment, with this two-storey, sizeable block of five, fully tenanted flats.
Standing tall and pleasing to the eye, the property has been modernised, each flat in a tidy and neat condition, with double glazing throughout. With a welcoming entranceway and well-maintained surrounding grounds, the new owner will quickly spot the value this asset will provide.
This property has been earthquake strengthened and will suit multiple buyer types. It would make an excellent addition to your rental portfolio. You may be a local or out of towner looking for a Timaru investment, or you may be looking to live in one, while receiving income from the others. The new owner will receive a strong income from current tenants and a shortage of rental property in Timaru, will ensure future returns.
Perfectly positioned, the flats welcome vast sunlight and feel warm and homely. There is a mixture of one, two and three-bedroom flats. Positioned to please, location is close distance to Caroline Bay and Central Timaru for ease of living/working.
Do not miss out on this outstanding opportunity. Call the sole agents for more information today.
Licensed under the REA Act 2008
Mobile: +64 21 177 2390 |
Office: +64 3 687 1227 |
jessica.frewen@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 436 9130 |
Office: +64 3 595 2844 |
david.archibald@bayleys.co.nz |
1,095sqm
land area
Investment | Strong rental income. |
Key features | Five tenanted flats, earthquake strengthened and modernised with double glazing. |
Location | Situated close distance to Caroline Bay and Central Timaru. |
Potential | Rent them all or live in one and rent the others. |
2A White Street, Timaru
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 177 2390 |
Office: +64 3 687 1227 |
jessica.frewen@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 436 9130 |
Office: +64 3 595 2844 |
david.archibald@bayleys.co.nz |
Please login or register
Login / Register