Discover a Prime Rental Investment Opportunity at 48D Reed Street, Oamaru!

This charming 2-bedroom townhouse is not only a comfortable home but also an excellent investment property. Currently rented at $450 per week, with a happy tenant eager to stay on, this property offers immediate rental income and long-term growth potential.

Located in a peaceful cul de sac just off Reed Street, the property is perfectly positioned close to main street shops, schools, and local amenities, ensuring strong demand from tenants and ease of management for investors.

Built in 1985 with modern living features, the home boasts good insulation for year-round comfort. Enjoy morning sun with scenic views over Oamaru from its elevated position—an attractive feature for tenants and future buyers alike.

Inside, you’ll find two spacious bedrooms, a large open-plan kitchen and living area ideal for entertaining, and a separate bathroom and laundry for added convenience. The basement garage provides ample space for parking or storage, enhancing the property’s practicality.

Priced competitively from just $349,000, this well-maintained, easy-care townhouse presents a fantastic opportunity for investors looking to secure a reliable rental income stream. Don’t miss the chance to add this valuable asset to your portfolio!

Contact James Symes today to arrange a viewing and take the first step toward maximising your investment.

Whether you’re seeking a ready-made rental or a solid property to grow your portfolio, 48D Reed Street is the smart choice.

(The land & floor measurements have been obtained from Property Guru/Property Smarts; please note that we cannot guarantee their absolute accuracy.)