11/73 Buccleugh St

North East Valley Otago

149 m²

House

Currently for sale - view listing

Overview

Big on Income, Low on Hassle

This modern, double glazed and insulated, three story, fully furnished townhouse features four double bedrooms, each with its own ensuite, located on the first and second floors. The ground floor offers open-plan kitchen, dining, and living, along with laundry, additional toilet, and a private courtyard. The property is rented on a per-room basis across four separate tenancies, inclusive of electricity, internet, and cleaning of communal areas. Grossing $1040 per week ($260 per room) until the end of 2026, while three of the four current tenants have extended until the end of 2027 at $275 per room. There is currently one room still available for 2027, so if you are looking for a low-maintenance, ready-made investment with a proven track record but also want something for your child to live in next year and beyond while they study, then look no further. You will be able to rest easily knowing that they are living very comfortably without having to pay rent to some stranger for the privilege. It may not be long until a prospective tenant signs the last room for 2027, so if this situation is perfect for you, then don't wait. Link to 3D tour below - https://my.matterport.com/show/?m=QrZkLyv6zw2