Modern CBD Investment Property

80 Manor Place sits overlooking the Dunedin CBD, on an elevated low maintenance section. This unique property provides superior accommodation comprising of 15 generous sized studio bedrooms over 3 flats. Built in 2016 these units are modern and easy care. The 15 bedrooms are well designed quality studio rooms with great city & harbour views. All rooms have their own ensuite and absolutely everything is modern and in excellent condition. Heating is easy with, Econo heaters, great insulation, a Heatpump in the living areas and the retained solar warmth plus peace & quiet from double glazing. The Kitchen and living areas are modern, light and spacious along with being fully serviced to make these apartments enjoyable for your tenants. In keeping with the modern standards, the units come furnished and also have unlimited fibre internet.
As you can see the properties are in an immaculate condition and are well managed by a trusted local property management company who have handled the property for the last 3 years. This property has a strong rental history since being built with fixed term tenancies, 2020 returned $183551 gross.
These units are far enough away from the hustle and bustle but still within walking distance walking distance to Princes St, the Heritage Precinct, The Octagon, Forsyth Barr stadium, our hospital and only 3kms from the University, this property is a smart proposition especially with it being close to everything for your tenants.
So, if you are a property investor it's time to get excited as established properties with a strong rental history like this one, do not become available often. Add this one to your portfolio with the hospital build just around the corner
Act Now! You will not be disappointed and will be further impressed on inquiry and inspection.

Additional Features

  • Bedrooms: 15 Bedrooms

  • Bathrooms: 15 Bathrooms

  • Chattels: Fixed floor coverings, Light fittings, Smoke detector(s), Wall Ovens x3, Cooktops x3, Dishwashers x3, Extractor Fans x3, Rangehoods x3, Heat Pumps x3, Telephone Points, TV Aerial, Washing Machines x3, Dryers x3

  • Local Authority: Dunedin City Council

  • Joinery: Aluminium, Double Glazed

  • Roof: Coloursteel

  • Exterior Cladding: Fibre Cement over Poly, Plaster

  • Lot Features: Sloping, Fenced Partially

  • Feature Rooms: Laundry - Separate x3

  • Other Features: Water Heating - Electric

Kees Meeuws (Phone +64 21 333 132)
Kees Meeuws
Real Estate Marketing Consultant