Looking for a substantial investment property with excellent rental income already secured? This six-bedroom, two-bathroom home in North East Valley deserves your attention!
With 2027 rental income secured at $1,290 per week, generating an impressive $67,080 in gross annual rental income, this is an opportunity for investors seeking established returns.
Offering six bedrooms, two bathrooms and approximately 150m² of floor space, the home provides a practical layout for shared living. All six bedrooms are double glazed, providing added comfort, while the spacious living and dining area features a heat pump and flows out to a generous outdoor deck. A well-appointed kitchen offers excellent storage and functionality.
Positioned on a prime loaction, the property also benefits from three covered carport spaces.
Property highlights:
** Six bedrooms, all double glazed
** Two bathrooms
** 2027 rental income secured at $1,290 per week
** Gross annual rental income of $67,080
** Spacious living and dining area with heat pump
** Well-appointed kitchen with ample storage
** Generous outdoor entertaining deck
** Approximately 150m² floor area
** Four covered carport spaces
Conveniently positioned in North East Valley, close to New World Gardens, local shops, public transport and within easy reach of the University of Otago and Otago Polytechnic, this property offers a practical location for tenants and an attractive proposition for investors.
Six bedrooms, secured rental income and substantial land – all priced at $896,500!
Contact Ganesh Rout or Renée Perenara today for further information or to arrange a viewing.
Public Download Link: https://www.ganeshrout.co.nz/current-listings/53-north-road-north-east-valley-dunedin
