Colliers, as sole marketing agent, is pleased to present this recently renovated residential investment in the township of Temuka.
Seize the opportunity to secure a high-performing residential investment in the heart of Temuka.
This freehold property comprises five fully renovated units – 3 x 1-bedroom and 2 x 2-bedroom – offering a strong and immediate return with 100% occupancy.
All five units were renovated in 2024, featuring modern interiors that appeal to today’s tenants. Each unit is double glazed and fully compliant with the Healthy Homes standards, ensuring warmth, comfort, and peace of mind.
The low-maintenance, lock-and-leave design makes this a stress-free investment, ideal for both local and out-of-town owners. The property also offers ample onsite car parking, providing convenience and ease of access for all tenants.
Located less than 1km from Temuka New World and local amenities, the property also enjoys a strategic location just a 15-minute drive to Timaru, offering both regional appeal and tenant demand.
Asking Price of $1,170,000 + GST (if any).
*Boundary lines are indicative only.
Features:
- Immediate cashflow
- Fully occupied
- Full renovation in 2024
- 2 x 2 Bedroom units
- 3 x 1 Bedroom units
- Healthy homes approved
- Low maintenance, lock and leave design
More information: https://www.colliers.co.nz/p-NZL67034645
