288 and 290 Tay Street, Turnbull Thomson Park, Invercargill, Southland

288 and 290 Tay is the address of your new investment property. This solid, 1950's, brick and rough cast, art deco beauty contains 2 units both currently rented.

288 has 2 bedrooms, an open plan living/dining/ kitchen space, plenty of north facing sunlit windows and a modest garden out the back

290 has 3 bedrooms, more living space, a kitchen adjacent to the open plan living/dining and the convenience of a carport right at the front door.

There's plenty of parking and a number of garden sheds for storage.

But it's the numbers really make this opportunity shine.

Currently rented for $790 per week ($370 and $420 respectively) is a 7.0% Gross Yield on asking price. There's also opportunity to add value and increase this yield.

Located just a short 650m walk (according to Google Maps) from supermarkets and other conveniences, it's in a handy spot for sure.

Whether your new to investing or a seasoned landlord, this property will be a great addition to anyone's portfolio.

Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at: https://www.smr.co.nz/passing-over-of-information

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