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150 Eye Street


150 Eye Street, Appleby

Ref: 26435

Gross yield 8% approx.

Vendor is tenanting now, weekly yields (unfurnished) of $1225 per week, fixed term (Potential to increase). Invest in brand new with this modern complex in Appleby, which has just been completed. So close to SIT and Invercargill city, the accommodation is purpose-built to cater to the burgeoning student market. Excellent rental yields can be achieved, whether provided furnished or unfurnished.

The development consists of four individual units on a 767sqm section, priced at $799,000

Unit 1 2 bedrooms plus garage 98sqm
Unit 2 2 bedrooms 70sqm
Unit 3 2 bedrooms 70sqm
Unit 4 1 bedroom 24sqm

Totalling seven bedrooms and four bathrooms, it's easy to see the rental potential of the property. Secure your slice of the strong rental market now.

• Four individual units of 1-2 bedrooms on 767sqm section
• Designed with the student population in mind
• Modern, sought-after accommodation option
• Vendor has just tenanted $1225 per week (unfurnished), fixed term.
• Gross yields 8% plus on brand new

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150 Eye Street, Appleby

Ref: 26435

Web Reference 26435
Property Type Unit
Bedrooms 7
Bathrooms 4
Garage 1
Land area 767sqm
Property Features

Heating: Heat pumps

Living Room: 4

Exterior Construction: Weatherboard

Roof: Steel/G-Iron

Chattels Fixed floor coverings
Light fittings
Washing machines

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.