Description

Calling all Property Investors: Welcome to 17-23 Lithgow Place East, Glengarry!

This two-level block presents a rare opportunity to own multiple units on one expansive land parcel. With four units offering a total of 14 bedrooms and 4 bathrooms, this property is a gem for savvy investors seeking regular rental income-all on one freehold title and situated on approximately 1390 sqm of land.

Featuring two units with three bedrooms and one bathroom each – on each end of the block, and two units with four bedrooms and 1.5 bathrooms each in the middle of the block, there’s ample space for large families to rent and enjoy their own back and front yards. Additionally, the property includes off street parking space for up to four cars.

Situated on a generous (approx.) 1390 sqm land, this property offers plenty of outdoor space for entertaining or potential development-subject to council regulations. Constructed in the 1960s, this property can provide a solid foundation for any future renovations or improvements.

Key Features:
• 4 Income Streams: Maximize your returns with four rental units comprising 2 x 3 bedrooms and 2 x 4 bedrooms.
• One Title: Streamline your investment with all units on a single title.
• Generous Land: Tenants enjoy the benefits of ample space on approximately 1390 sqm of freehold land.

Why Invest Here?
This property presents a rare opportunity for investors seeking stability and growth. With four income streams and a sizable landholding, the current and potential for long-term returns is very attractive. Located in Glengarry, this area offers a perfect blend of location to schools and shops, appealing to both tenants and investors alike.

Seize the Opportunity:
Ready to secure your stake in this lucrative investment? For more information contact Tina Lum at 021 653818 and take the next step towards financial success. Don’t miss out on this rare chance to elevate your investment portfolio!

Address17-23 Lithgow Place East
SuburbGlengarry
StateSouthland
CountryNZ
Post Code9810
Details
Property IDL27480718
Price$869,000
Property Size1,390 m²
Bedrooms14
Bathrooms4
Property TypeMultiple Properties
Features
Property Features
  • Multiple Properties
  • 14 bed
  • 4 bath
  • Land is 1,390 m²
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Tina Lum
Real Estate Salesperson
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