Top investment-all done for you

Modernised throughout over the last 5 years this excellent central city elegant 1920s 210sqm (approx) investment is fully tenanted returning $1000 per week until the end of 2020. Comprising two apartments each with 3 bedrooms and 3 bathrooms (4 ensuites) the quality work and creative design ensures long term security and return as the city enjoys growth. Flat A is upstairs and has excellent lead light feature windows a common bathroom with laundry and two of the large bedrooms have clever wardrobe/shelving and an ensuite with shower and vanity. A living/kitchen dining area leads to a balcony which has excellent sunny outlook towards the west and town belt. The downstairs apartment again has two large bedrooms with ensuites and similar wardrobe design with the third bedroom also enjoying the western outlook. Again there is a a compact modern kitchen/dining/living area accessing a sun deck and a third bathroom again houses the laundry. A private rear yard also has a utility or handy storage room. The section is 506sqm (approx) and zoned Inner Residential under 2GP district plan. T his is city living and there is no OSP. Recent work includes a complete roof renovation and repaint of the exterior. Supportive documentation available. RV (July 2019) $790,000. Buyer enquiry guide over $849,000.

Additional Features

  • Bedrooms: 6 Bedrooms

  • Bathrooms: 6 Bathrooms

  • Chattels: Fixed floor coverings, Curtains, Light fittings, Dryer x2, Heat Pumps x2, Heated Towel Rail, Stove - Electric x2, Rangehood x2, Fridge x2, Washing Machine Taps x2, Washing Machine x2

  • Local Authority: Dunedin City Council

  • Joinery: Steel, Timber

  • Roof: Tile

  • Exterior Cladding: Brick

  • Sale Location: 35 The Octagon, Dunedin

Miles Rapley (Phone +64 27 201 0567)
Miles Rapley
Residential & Lifestyle Salesperson
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