17/23 Lithgow Place, Glengarry, Invercargill, Southland

17-23 Lithgow East Place, presents a solid opportunity for investors seeking multiple income streams from one title. Set on a freehold land area of approximately 1,390sqm, this property offers four two-storey units with a combined floor area of approximately 490sqm. The configuration includes , two 3-bedroom units and two 4-bedroom units, off street parking. Each unit is indidially fenced, provinging tenants with their own private backyard and added privacy , a feature that helps attract and retain long-term tenant, providing strong tenant appeal. All units are currently tenanted , generating a combined rental income of $1,830 per week. With a asking price of Offers over $1,098,000, the property delivers a strong gross yield of approximately 7.9%. Some interior renovation's have already been completed, with further improvements over time. Please note; the yield quoted is a gross yield , calculated from rental income only. Expenses such as rates, insurance, and maintenance have not been deducted. To arrange a private viewing of 17-23 Lithgow Place, please contact to make an appointment Unit 17 (3 Beds) rental is $430,00 a week. Unit 19 (4 Beds) rental is $490,00 a week. Unit 21( 4 Beds) rental is $475, 00 a week. Unit 23( 3 beds) rental is $435.00 a week.