Lumsden, Southland

Set on a substantial 2,023sqm section (more or less), this property is made up of two three-bedroom homes, both of which are currently tenanted and generating an income.They’re not brand new which adds to the opportunity; both homes are comfortable as they are, with scope to modernise over time and add further value when the time is right.For investors, the equation is quite simple - two incomes, two separate tenancies, and split risk. It's a smart way to diversify your investment while securing a property with genuine long-term potential, add value to the existing dwellings on-site, or explore the future development potential of a sizeable site in the heart of Lumsden.Whether you're expanding your portfolio or looking for something a little different, this is one worth exploring.Practical. Profitable. Potential.