Sold

3/55 Tramway Road,
Strathern, Invercargill

2 bedrooms
1 bathroom
70m² building size
Unit

Price withheld


Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Light Fittings

Smart Investment with Immediate Returns!

If you're looking for a low-maintenance investment with solid returns from day one, 55 Tramway Road is well worth your attention.

This tidy two-bedroom, one-bathroom property is currently tenanted on a fixed-term agreement, providing immediate income and peace of mind. With the tenant paying $370 per week, the property offers an attractive return of approximately 7%, making it a smart addition to any portfolio.

The layout is practical and easy-care, designed for comfortable living while keeping maintenance to a minimum-ideal for both seasoned investors and those entering the market.

Positioned within walking distance to local shops and just a short distance from the hospital, the location adds further appeal for tenants and helps support ongoing rental demand.

There's also potential to review and increase rent in the future, giving you room to further enhance your return over time.

A straightforward, reliable investment in a convenient location-get in touch today to secure it.


Disclaimer - 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

  • Fernworth Primary School Primary Years 1-6 State 0.39km
  • New River Primary Primary Years 1-6 State 0.59km
  • St Patrick's School (Invercargill) Primary Years 1-6 State integrated 1.1km
  • Newfield Park School Primary Years 1-6 State 1.8km
  • St Joseph's School (Invercargill) Full primary Years 1-8 State integrated 2.0km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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