853 George Street, Dunedin North, Dunedin City

Solid investment with further potential

5
1

Enquire about this property

5
1

853 George Street, Dunedin North, Dunedin City

Solid investment with further potential

University Investments For Sale

$579,000

About

Nicely elevated above George Street and just out of the busy activity of middle earth Campus, yet only a couple of minutes to all faculties.

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Five bedrooms rented at a mere $110 per room for 2020, could easily be $125 per room for 2021 as is. New double glazing installed throughout majority of the property. An opportunity exists for an astute investor to further upgrade the property and reap the rewards with increased rents moving forward. The 327m2 land could also lend itself to the addition of two bedrooms on the site (subject to DCC consent). Heat pump in the living room plus R3.4 ceiling and R1.6 underfloor insulation.

Please note that no offers will be presented prior to Thursday 12pm, 14th May 2020.

Contact us today for an information pack.

property details +

Web iD: DO10601
Approximate land area: 327m2
Approximate floor area: 150m2
Rateable value: $545,000
Rates (DCC): $2753.88
Rates (ORC): $255.31

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Agents

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516