37 Gladstone Road, North East Valley, Dunedin City

Kids at Uni 2023 or investment?

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1

Enquire about this property

5
1

37 Gladstone Road, North East Valley, Dunedin City

Kids at Uni 2023 or investment?

University Investments For Sale

$595,000

About

Located only minutes' walk to the Gardens shopping precinct and 15-20 minutes to central campus, this classic 1920s bungalow is very popular with the discerning tenant.

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Offering five good sized bedrooms (one accessed off the front porch), tidy bathroom, modern kitchen and open plan living whilst still maintaining the charm of a by-gone era. The insulation, ducted heat pump system and 2nd heat pump in the living room help keep the tenants warm and dry for those winter months.

There is a large grass area out the back along with a shed containing the laundry, and storage. Plenty of street parking is available in front of the property.

The property is Healthy Homes compliant and is currently well under rented to a group of five for $560pw for 2022. Could easily be $675pw for 2023.

Set on 594m2 land and zoned general residential 2, there may be scope for further development, subject to DCC consent.

If you have been looking for an affordable option for your children studying at Uni 2023, or an investment that will continue to produce year after year, contact us today to get your full information pack and book your viewing.

property details +

Web iD: DO11353
Approximate land area: 594m2
Approximate floor area: 120m2
Rateable value: $420,000
Rates (DCC): $2738.88

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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

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520