queenstown-rental - 03 409 0480southland - 03 214 6269clutha-catlins - 03 418 0306

166 Eye Street
Appleby

$825,000

Property Facts

Ref: 27448

$825,000

Property type: Unit

Bedrooms 8 Lounges 4 Bathrooms 4

Land area: 809sqm

Parking: Off Street Parking

166 Eye Street, Appleby

Ref: 27448

Investment Property - Superior Location

As a rental investment, this purpose-built accommodation is hard to beat. Four two-bedroom flats mean there's potential for four income streams. Covering 254sqm of floor space, the plans provide ample living/kitchen space for each unit, along with a bathroom and separate toilet. Projections show there's the potential for yields of upwards of 8% in an unfurnished state, and more should you choose to furnish.

Created with the student market in mind, the property is close to SIT, City and sits on 809sqm of land.
A genuine opportunity exists - pay 10% deposit now and the balance upon completion.

• Four two-bedroom flats, similar design to vendors previous project at 84 Mary Street
• Construction commencing soon
• Clever layout to maximise rental return

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166 Eye Street, Appleby

Ref: 27448

Web Reference 27448
Property Type Unit
Bedrooms 8
Bathrooms 4
Floor area 254sqm
Land area 809sqm
Property Features

Heating: Heat pump

Living Room: 4

Kitchen: Designer/modern, Electric cook top (Parmco)

Interior Features: Paint

Flooring: Carpet, Vinyl

Windows: Aluminium joinery, Double glazing

Hot water: Gas

General Features: Quiet, Private

Exterior Construction: Brick

Aspect: East

Roof: Colorsteel

Grounds: Courtyard

Laundry: Separate

Views: Town

Sewerage: City

Insulation: Ceiling: 3.6 Batts, Walls: 2.6 Batts

Chattels Light fittings
Dishwasher
Range hood stove
Fridge/freezer

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.

Appleby