64 Bank Street, North East Valley, Dunedin City

8.5% return renovated student investment

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3
OSP

Enquire about this property

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3
OSP

64 Bank Street, North East Valley, Dunedin City

8.5% return renovated student investment

University Investments For Sale

$1,075,000

About

Welcome to this incredible investment opportunity, get your hands on this beautifully renovated property, which is perfect for students seeking a comfortable and convenient space.

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The property features eight bedrooms and one utility room providing plenty of space for your tenants to study and relax. Three modern bathrooms ease the morning routine, plus the laundry is located in the bathroom off the kitchen with a washing machine, dryer and laundry tub.

The open plan kitchen and lounge is a fantastic spacious area to accommodate a large group of people, three heat pumps are located throughout the house along with brand new double glazing creating a warm and inviting atmosphere, while the renovated neutral colour palette throughout makes it easy for students to add their personal touch.

Off street parking is available for up to four cars and a flat grassed area at the rear of the property to enjoy gatherings. The proximity to the university and polytechnic is a 15 minute walk, additionally it’s conveniently close to local amenities making it easy for tenants to access everything they need. Rented from the 1st January 2024 to 31st December 2024 at $1,755 per week.

Don’t miss out on securing this appealing investment property, providing enjoyable modern living, in a quiet, but popular location.

property details +

Web iD: DO11712
Approximate land area: 878m2
Approximate floor area: 250m2
Rateable value: $520,000
Rates (DCC): $2751.92
Rates (ORC): $361.20

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Agents

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial:

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