Description

Attention Property Investors: Welcome to 34-40 Lithgow Place West, Glengarry! Offer has fallen so this is available to purchase now, we have sold 2 of these multi unit blocks and only have 2 left!

Rarely for sale, this 4 unit block property presents an exceptional opportunity for investors seeking strong rental yield, multi-unit rental property. Renovated just a few years ago with a new roof, and exterior paint.

Comprising of four units, this property features two spacious 3-bedroom, 1-bathroom units downstairs, and two tidy 2-bedroom, 1-bathroom units upstairs. All units are currently rented to families who are keen to stay, ensuring consistent rental income – an attractive opportunity for investors.

Tenants have 1 allocated off street parking space, with street parking also available.

Key Features:

• Multiple Income Streams: All four rental units currently tenanted, including two x 3 bedrooms and 1 bathroom units downstairs, and two x 2 bedrooms and 1 bathroom units upstairs.
• Renovated Property: Tenants enjoy modern living with upgrades to the roof, exterior paint and new vinyl/carpet (inside Unit 40)
• Stable Tenancies: All units are currently occupied by tenants, wanting to stay, ensuring reliable rental income.

Why Invest Here? This property offers the perfect blend of stability and potential for growth. Recently renovated in the last few years and occupied by tenants, it promises good returns for the savvy investor. Located in Glengarry, this area is close to shops and schools, making it attractive to both tenants and investors.

Seize the Opportunity: Ready to add this gem to your investment portfolio? For more information please contact Tina Lum on 021 653818. Don’t miss out on this chance to secure your financial future with a solid investment property!

Address34-40 Lithgow Place
SuburbGlengarry
StateSouthland
CountryNZ
Post Code9810
Details
Property IDL27480678
Price$859,000
Property Size1,119 m²
Bedrooms10
Bathrooms4
Garage Parking4
Property TypeMultiple Properties
Features
Property Features
  • Multiple Properties
  • 10 bed
  • 4 bath
  • 4 Parking Spaces
  • Land is 1,119 m²
  • 4 Garage
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Tina Lum
Real Estate Salesperson
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