33 Cargill Street, Dunedin Central, Dunedin City

Central City Apartment Block For Sale

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33 Cargill Street, Dunedin Central, Dunedin City

Central City Apartment Block For Sale

Residential Investments For Sale

By Negotiation

About

As we know apartment blocks like this don’t come along often, let alone in the central city. This is your opportunity to secure a rare find which will produce for years to come.

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Sitting on its own title the property consists of four spacious two-bedroom self-contained apartments approx 85m2 each and four car parks.

Sitting well to the north facing sun they are light and bright and have impressive views out over the city and harbour, not to mention they all meet healthy homes standards. The kitchen and bathrooms have been updated over time along with some new carpet.

Incredibly located with the main shopping centre 2-minutes down the hill and hospital and University a 10-minute walk. Due to its fantastic location, it attracts tenants who are working professionals and quiet students who want to live a convenient easy lifestyle.

Providing a combined rental income of $1,730 per week, two are periodic tenancies and two fixed term tenancies until 30th December 2022. This is a low maintenance investment and provides the new owner an opportunity to complete cosmetic improvements moving forward to grow the income.

Contact us for a full information pack and LIM. 35 Cargill Street is also available to purchase.

property details +

Web iD: DO11386
Approximate land area: 424m2
Approximate floor area: 341m2
Rateable value: $880,000
Rates (DCC): $8328.32
Rates (ORC): $585.42

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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