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62 York Road, Riversdale, Southland

Investment in Sunny Riversdale

dollar

$339,000

House
House
Bedroom
1
Bathroom
1
Land area
1012m2
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Property details

Listing # GOR30320 | Listed on 27 March 2024

Looking for a solid investment property, this tidy property is always in demand with a long term rental in place. Potential to add a third property or garaging. Riversdale is sunny town and located only 20 minutes from Gore. Great facilities and businesses, plus year 1 to 8 primary school, sports clubs, and supported by a rural farming community.

Property Overview
Type: Two, one-bedroom flats on a single title.
Size: Each unit is approximately 39 square metres
Current Status: Both flats are currently tenanted.
Layout: Open-plan living spaces. Single bedroom and conservatories.
Condition: Both in very good order.

Key Features & Construction
Heating: Both units are heated by heat pumps.
Insulation: The property is well-insulated.
Positioning: Situated to capture all-day sun.
Materials: Built with low-maintenance materials.
Unit 1 (Front): Hardiboard exterior with aluminum joinery.
Unit 2: Palliside exterior with aluminum joinery.

Utilities
Water: Supplied by bore water, with each flat having its own pump.
Sewerage: Connected to the town sewage system.
Power: Separate power connections for each unit.
Investment Potential

Flexibility: The property offers the option to live in one unit and rent the other, or to rent both as a dedicated investment.

Documentation: A rental appraisal is available upon request from the agent.

https://rwgore.co.nz/GOR30320

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Additional features

Water closet
1 Separate toilet

Schools and childcare in the area

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