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Inspire Real Estate Limited, (Licensed: REAA 2008)
Tina Lum Tina Lum

34-40 Lithgow Place, Glengarry

Asking price $859,000

Listing Description

Listed: Sun, 21 Apr

Rental properties - 4 units 1 title for you!

34-40 Lithgow Place, Glengarry, Invercargill, Southland

Asking price $859,000

Details

  •   6+ Beds
  •   4 Baths
  •   1119m² Land
Other Features
  •   4 Garage parking
AttributeValue
Property type
House
Parking
4 garage spaces

Description

Attention Property Investors: Welcome to 34-40 Lithgow Place West, Glengarry! Rarely for sale, this 4 unit block property presents an exceptional opportunity for investors seeking a multi-unit rental property. Renovated just a few years ago with a new roof, and exterior paint, this property offers modern comfort and appeal.

Comprising of four units, this property features two spacious 3-bedroom, 1-bathroom units downstairs, and two tidy 2-bedroom, 1-bathroom units upstairs. All units are currently rented to families who are keen to stay, ensuring consistent rental income - an enticing opportunity for investors seeking a tidy multi-unit rental property in a desirable location.

Tenants have 1 allocated off street parking space, with street parking also available.

Key Features:

  • Multiple Income Streams: Benefit from four rental units, including two x 3 bedrooms and 1 bathroom units downstairs, and two x 2 bedrooms and 1 bathroom units upstairs.
  • Renovated Property: Tenants enjoy modern living with upgrades to the roof, exterior paint and new vinyl/carpet (inside Unit 40)
  • Stable Tenancies: All units are currently occupied by tenants, wanting to stay, ensuring reliable rental income.

Why Invest Here? This property offers the perfect blend of stability and potential for growth. Recently renovated in the last few years and occupied by tenants, it promises good returns for the savvy investor. Located in Glengarry, this area is close to shops and schools, making it attractive to both tenants and investors.

Seize the Opportunity: Ready to add this gem to your investment portfolio? For more information please contact Tina Lum on 021 653818. Don't miss out on this chance to secure your financial future with a solid investment property!


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Inspire Real Estate Limited, (Licensed: REAA 2008)
Tina Lum

Tina Lum


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Tina Lum

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