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3/55 Tramway Road, Strathern, Invercargill City

Smart Investment with Immediate Returns!

dollar

$254,000

Unit
Unit
Bedroom
2
Bathroom
1
Floor area
70m2
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Property details

Listing # INV34674 | Listed on 13 April

If you're looking for a low-maintenance investment with solid returns from day one, 55 Tramway Road is well worth your attention.

This tidy two-bedroom, one-bathroom property is currently tenanted on a fixed-term agreement, providing immediate income and peace of mind. With the tenant paying $370 per week, the property offers an attractive return of approximately 7%, making it a smart addition to any portfolio.

The layout is practical and easy-care, designed for comfortable living while keeping maintenance to a minimum-ideal for both seasoned investors and those entering the market.

Positioned within walking distance to local shops and just a short distance from the hospital, the location adds further appeal for tenants and helps support ongoing rental demand.

There's also potential to review and increase rent in the future, giving you room to further enhance your return over time.

A straightforward, reliable investment in a convenient location-get in touch today to secure it.


Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

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