Calling all Investors – this 12-unit complex in Mataura, Southland, is set on approx. 2,023 sqm of land, with a total building area of approximately 470 sqm. Conveniently located near the Alliance freezing works, this multi-unit investment property is well-positioned to attract tenants.
Each unit has its own bathroom and toilet, along with an open-plan kitchen and living area. A practical mix of carpet and vinyl flooring, electric heating and hot water systems provides the essentials for comfortable living.
The complex is constructed of masonry block and brick, topped with an iron long-run roof. There is off-street parking, including two carport spaces, while the partially fenced grounds and northerly aspect add to its appeal.
With a total potential weekly rental of approx. $3,960 – $4,200, this property offers investors the opportunity to secure an established rental complex with potential for a solid income stream.
Priced at $1,549,000, this is an opportunity worth exploring. Get in touch today for further information.
