25 Park Street, Dunedin North, Dunedin City

Campus opportunity!

7
2
OSP

Enquire about this property

7
2
OSP

25 Park Street, Dunedin North, Dunedin City

Campus opportunity!

University Investments For Sale

$699,000

7.7% nett of studio costs

About

This large residence provides seven separately rented studio rooms and has an annual approximate gross annual rental income of $66,040 (less studio costs – electricity, cleaning and internet).

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All bedrooms are fully furnished. Two shared bathrooms, kitchen, living area and laundry with common areas cleaned weekly so that the tenants can focus on enjoying the more fun things in life! Only a short walk to the University, Hospital and CBD.

Developers note: Land size 473m2, Res 3 making the property 10 room capable site with DCC consent.

Alternatively change the use from studio rooms to a seven bedroom flat for 2020. Rental appraisal available.

Contact us today for a full information pack and an appointment to view.

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

property details +

Web iD: DO10124
Approximate land area: 473m2
Approximate floor area: 230m2
Rateable value: $890,000
Rates (DCC): $4052.89
Rates (ORC): $393.16

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Agents

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516