530 Leith Street, Dunedin North, Dunedin City

Your retirement scheme

30
10

Enquire about this property

30
10

530 Leith Street, Dunedin North, Dunedin City

Your retirement scheme

University Investments For Sale

$2,895,000

8.1% gross

About

Located in the heart of the North Dunedin Campus precinct, this property offers not only good cashflow, but a future development opportunity.

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This property currently has five, six-bedroom flats (30 rooms) on a 1674m2 site in Residential Zone 3 (37 room capable). There are two villas directly off Leith Street and three purpose-built units with access off Castle Street North. All five flats rent with ease with plenty of competition to push rents further in years to come. Whether you are wanting a long-term hold with rental upside, or a development to get your teeth into, give us a call to discuss your options and receive your full information pack.

To view other investment options see our website: www.propertyinvestments.nz

property details +

Web iD: DO10081
Approximate land area: 1674m2
Approximate floor area: 850m2
Rateable value: $2,330,000
Rates (DCC): $13520.73
Rates (ORC): $3,056.75

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Agents

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517