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Temuka

29A Cass Street, Temuka, Timaru

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4 Bedrooms
2 Lounges
2 Bathrooms
3 Offstreet

Twice the rent, one great investment


This tidy, well-maintained investment property presents an excellent opportunity for savvy investors. Comprising two adjoining flats, each offering two bedrooms, a separate kitchen, living area, and bathroom, the property delivers a total of four bedrooms and two bathrooms across the two dwellings.

Both flats are fitted with heat pumps to ensure year-round comfort, while the bathrooms feature toilet, vanity, and free-standing shower. Off-street parking is provided for each tenancy, adding further appeal and convenience for occupants.

Set on an easy-care section, this is a low-maintenance investment that is already performing, with both flats currently tenanted by reliable long-term tenants, providing an immediate return from settlement day.

Whether you're looking to add to your existing portfolio or secure a solid entry into the investment market, this proven income-producing property offers a fantastic opportunity to invest with confidence. Properties of this nature are always in demand, making this one well worth your inspection.

Key features:
•Two adjoining two-bedroom flats
•Heat pumps in both dwellings
•Off-street parking for each tenancy
•Easy-care, low-maintenance section
•Fully tenanted with established occupants
•Immediate rental income from settlement day

Offers/Enquiries Over NZ$399,000
Carlae Keates-May

Carlae Keates-May

South Canterbury Manager

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Emma-Jane Lawrence

Emma-Jane Lawrence

Residential Sales

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


A standout feature of this property is its strong investment appeal, with two self-contained flats on a single title generating dual rental income, both currently tenanted by long-term occupants

Location


Temuka is a popular South Canterbury township that offers the perfect balance of affordability, community, and convenience. Located just a short drive from Timaru

Heating


Year-round comfort is assured with heat pumps installed in both dwellings, providing efficient heating in winter and cooling during the warmer months

Opportunity


This property presents a fantastic opportunity to secure a proven, income-producing investment with immediate returns

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