111 Russel Street, Gladstone

Welcome to 111 Russel Street Gladstone Invercargill. Investors and opportunity seekers will immediately recognise the value offered by this versatile and income-generating property. Cleverly configured to maximise rental potential, this substantial residence provides three separate accommodation options under one roof.

Upstairs, a spacious three-bedroomed home offers comfortable north facing living living and separate dining and kitchen, creating a warm and functional space suited to long-term tenants or owner-occupiers. Elevated from the street, this level enjoys privacy and a traditional home layout.

Downstairs, the property has been thoughtfully arranged into two self-contained one-bedroom units, each offering independent living. These well-defined spaces provide excellent flexibility for tenants seeking privacy, making them highly attractive in the rental market.

With multiple income streams and strong rental appeal, this is a property that delivers both flexibility and financial potential. Rent the entire property to maximise returns, or live upstairs while the two lower units help offset the mortgage. Purchasers will need to do their own due diligence with regards to Healthy Homes certification.

A rare opportunity to secure a home and income investment in a great Invercargill location, where smart configuration meets strong earning potential. Don't wait to contact either Mark (02102715522) or Shelley (02102602412) to discuss all this property has to offer.

Property Files link: https://www.propertyfiles.co.nz/property/111russel

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