Enquiries over $832,000
Located beside the architectural masterpiece that is the Dunedin railway station, this purpose built investment property is well suited to the demand from the rental market. The traditional facade gives this property a sense of belonging in the historic location, however, the property was actually constructed in 2004, which means it's a warm, modern and practical investment opportunity.
Property overview:
- Four studio rooms, all individually let, with a communal kitchen and lounge area on the ground floor.
- Each studio room is fully furnished, offers good space, and includes an en-suite bathroom.
- The chattels list includes furniture and appliances in the communal kitchen and lounge.
- Fully let on individual fixed term tenancy agreements with a total return of $1,120 per week ($58,240 p.a.).
The convenience of the CBD location is sensational; a stroll up the street will take you to the Octagon, and all the cafe's, bars, shops and supermarkets are at the tips of your fingers. This makes it a popular choice for tenants and ensures your return is maximised.
This is the ideal option for those looking to secure a reliable investment property that is straight forward and stacks up. Inspection will be via appointment, please get in touch to arrange a time to view.
