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Ray White Invercargill (Progressive Realty Group REAA), (Licensed: REAA 2008)
Max Kumm Max Kumm

3/55 Tramway Road, Strathern

Asking price $259,000

Listing Description

Listed: Mon, 13 Apr

Smart Investment with Immediate Returns!

3/55 Tramway Road, Strathern, Invercargill, Southland

Details

  •   2 Beds
  •   1 Bath
  •   70m² Floor
AttributeValue
Property type
Unit
Capital value (CV)
$220,000
Parking
Off-Street Parking
Agency reference
INV34674
Broadband in the areaFibre, Satellite, Wireless

Description

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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Property Files

Max Kumm

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Local Schools

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



Ray White Invercargill (Progressive Realty Group REAA), (Licensed: REAA 2008)
Max Kumm

Max Kumm

51 Reviews
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Agent's details

Max Kumm

Max Kumm

51 Reviews

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Ray White Invercargill (Progressive Realty Group REAA), (Licensed: REAA 2008)

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