27 Duke Street, Dunedin North, Dunedin City

Standalone campus investment

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Enquire about this property

5
1

27 Duke Street, Dunedin North, Dunedin City

Standalone campus investment

University Investments For Sale

Deadline Sale

Closing 2pm Wednesday 29th June 2022, at our Dunedin office (prior unconditional offers considered).

About

If you have been looking for a standalone student investment close to University, but outside party central, that is low maintenance but with outdoor living capacity and great street presence. This might be right up your alley!

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Comprising of five good sized bedrooms, some with built-in wardrobing. The open plan kitchen and living area is heated by a heat pump with access to an outdoor laundry which also has capacity for extra storage. The bathroom sits at the back of the property and conveniently has two toilets to allow easy living within the flat.

Located out of the party zone, this north facing property enables free street parking at the front door, is a 10-minute walk to the University and in the opposite direction you have the Gardens Shopping Centre with plenty of amenities.

The current owners purchased the property for their kids to reside in while at Uni. Currently rented to a group of five students at $650 per week till 31st December 2022, this property has significant room to increase the rents in the future as it currently sits or make some interior upgrades and reap the rewards for years to come. A rental of approx. $800 per week is expected for 2023.

property details +

Web iD: DO11335
Approximate land area: 310m2
Approximate floor area: 151m2
Rateable value: $535,000
Rates (DCC): $2949.29
Rates (ORC): $753.15

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Agents

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517