southland - 03 214 6269clutha-catlins - 03 418 0306

1-12/71 Main Street, Mataura
Gore

Sold

Property Facts

SOLD

Ref: 28271

Sold

Property type: Unit

Bedrooms 12 Lounges 12 Bathrooms 12 Garages 2

Land area: 2023sqm

Built: 1980's

1-12/71 Main Street, Mataura, Gore

Ref: 28271

New or Experienced Investor, LOOK...

Happily sandwiched between Southlands two main towns, Invercargill and Gore, lies this unique purpose built 12 unit investment. Close to major industries, including the MDF plant and Fonterra, and servicing the strong Southland rural sector this is indeed unique in every way. Showing ultra-strong returns with equally strong tenancy yet offering some scope to improve.

Featuring 12 one-bedroom self-contained units in the heart of Mataura. Built late 1970's/early 1980's, comprising of an open plan kitchen, dining and living area with one double bedroom, bathroom and laundry. Good off street parking, well fenced and very close to local amenities. Each unit has recently installed new heat pumps and healthy homes standard insulation certificates. Eleven of the twelve units are currently tenanted at $175 weekly.

A rare opportunity to purchase a prime investment property that should generate generous rental yields.

• 12 one-bedroom self-contained units
• Open plan kitchen, dining and living heated by heat pump
• Good off street parking, close to amenities
• Generous rental yields achievable with potential to improve

SOLD

back to search results

No map view available!

1-12/71 Main Street, Mataura, Gore

Ref: 28271

Web Reference 28271
Property Type Unit
Bedrooms 12
Bathrooms 12
Garage 2
Built 1980's
Floor area 470sqm
Land area 2023sqm
Property Features

Heating: Heat pumps

Living Room: 12

Kitchen: Electric cook top

Flooring: Carpet, Vinyl

Hot water: Electric

Grounds: Lawn

Laundry: Separate

Chattels Blinds

No map view available!

Gore