Sold
35 Queens Drive,
Richmond, Invercargill
Price withheld
Property details
-
Agents
Ray White Invercargill: Progressive Realty Group Limited Licensed (REAA 2008)
33 Arena Ave, Invercargill 9810
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Chattels
- Cooktop Oven
- Wall Oven
- Rangehood
- Extractor Fan
- Light Fittings
- Floor Covers
High-Yield Investment Opportunity!
Auction: 12:00pm, Thursday 9 April 2026 @ Ray White Auction Rooms, 33 Arena Avenue, Invercargill (prior bids considered)
Building Report Available - To be sold As Is Where Is.
This property comprises three flats on an 812 sqm section, with a total floor area of approximately 260 sqm.
• 2 x two bedroom flats
• 1 x one bedroom flat
• Currently returning $1,020 per week
• All units are heated by heat pumps
This represents a strong yield opportunity for investors seeking solid returns. The property has been rented as three flats since 2014, consisting of two two-bedroom units and one one-bedroom unit.
The property does have deferred maintenance. Weatherboards and windows will require attention in the future. The main roof appears to be in good order from a visual inspection. The two flats on the left-hand side contain scrim, and prospective purchasers should discuss insurance options with their provider.
Beyond the rental return, the land value presents future potential. The 812 sqm site in this location is worth consideration for long-term holding.
Positioned in a convenient area, directly across the road from a park and just a short walk to Queens Park. Woolworths supermarket is nearby, with approximately a 10-minute walk to the city centre and Southern Institute of Technology.
This is a high-yielding property in a strong location, with upside for those prepared to undertake improvements.
For further information, including comparable land sales or rental details, get in touch. Private viewing only - call for a booking.
Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
Building Report Available - To be sold As Is Where Is.
This property comprises three flats on an 812 sqm section, with a total floor area of approximately 260 sqm.
• 2 x two bedroom flats
• 1 x one bedroom flat
• Currently returning $1,020 per week
• All units are heated by heat pumps
This represents a strong yield opportunity for investors seeking solid returns. The property has been rented as three flats since 2014, consisting of two two-bedroom units and one one-bedroom unit.
The property does have deferred maintenance. Weatherboards and windows will require attention in the future. The main roof appears to be in good order from a visual inspection. The two flats on the left-hand side contain scrim, and prospective purchasers should discuss insurance options with their provider.
Beyond the rental return, the land value presents future potential. The 812 sqm site in this location is worth consideration for long-term holding.
Positioned in a convenient area, directly across the road from a park and just a short walk to Queens Park. Woolworths supermarket is nearby, with approximately a 10-minute walk to the city centre and Southern Institute of Technology.
This is a high-yielding property in a strong location, with upside for those prepared to undertake improvements.
For further information, including comparable land sales or rental details, get in touch. Private viewing only - call for a booking.
Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
Explore the area
School catchments
- Invercargill Middle School Primary Years 1-6 State 0.33km
- Southland Girls' High School Secondary Years 7-15 State 0.73km
- St Joseph's School (Invercargill) Full primary Years 1-8 State integrated 0.94km
- St Theresa's School (Invercargill) Primary Years 1-6 State integrated 1.6km
- Southland Boys' High School Secondary Years 7-15 State 1.8km
- Newfield Park School Primary Years 1-6 State 1.8km
- St John's Girls' School (Invercargill) Full primary Years 1-8 State integrated 1.8km
- Ascot Community School Full primary Years 1-8 State 1.8km
- Waihopai School Primary Years 1-6 State 1.9km
- Windsor North School Primary Years 1-6 State 2.0km
- St Patrick's School (Invercargill) Primary Years 1-6 State integrated 2.1km
- Fernworth Primary School Primary Years 1-6 State 2.3km
- Waverley Park School Primary Years 1-6 State 2.4km
- Te Wharekura o Arowhenua Composite Years 1-15 State 2.6km
- New River Primary Primary Years 1-6 State 2.6km
- Verdon College Secondary Years 7-15 State integrated 2.8km
- Salford School Primary Years 1-6 State 2.8km
- Aurora College Secondary Years 7-15 State 2.8km
- James Hargest College Secondary Years 7-15 State 2.9km
- Donovan Primary School Primary Years 1-6 State 4.0km
- Aparima College Secondary Years 7-15 State 27.2km
- Central Southland College Secondary Years 9-15 State 30.7km
- Menzies College Secondary Years 7-15 State 38.4km
- St Peter's College (Gore) Secondary Years 7-15 State integrated 54.9km
- Māruawai College Secondary Years 7-15 State 55.5km
- Waiau Area School Composite Years 1-15 State 60.5km
- Northern Southland College Secondary Years 7-15 State 74.5km
- Blue Mountain College Secondary Years 7-15 State 86.7km
- The Catlins Area School Composite Years 1-15 State 99.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Max Kumm
35 Queens Drive, Richmond 9810
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Max Kumm
35 Queens Drive, Richmond 9810