21 Lochend Street, Musselburgh, Dunedin City

Low maintenance investment opportunity

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21 Lochend Street, Musselburgh, Dunedin City

Low maintenance investment opportunity

Investment property For Sale

$475,000

About

Located in the heart of Musselburgh, this 1970s property has been a great long term rental investment for the current owners. The property is split into two flats.

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Downstairs offers three bedrooms, in tidy condition and currently under let at $250pw to a long term tenant (9 years). A spruce up would provide rental growth in the future.

Upstairs has undergone a significant make over, new kitchen, bathroom, carpet, and paint throughout. This flat has four bedrooms, spacious living and could easily be your home.

A rental appraisal of a combined $700pw is available. The property is set back of the street for privacy, yet has ample off street parking plus a single garage. Whether looking for home and income, town base, or straight investment, this is definitely worth a look.

To view other investment options see our website: www.propertyinvestments.nz

property details +

Web iD: DO9465
Approximate land area: 578m2
Rateable value: $400,000
Rates (DCC): $3517.80

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Agents

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 470 2517

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516