Chattels | All new stove, fridge/freezer, washing machine, dryer. |
Dwelling details | Five bedroom, two bathroom student flat with generous living areas. |
Heating | Heat pumps. Fully compliant with Healthy Homes legislation. Integrated fire alarm system operating on mains supply. Peace of mind. |
Investment | Returning $54,600 per annum. 6.42% gross return on asking price of $850,000. |
Location | In Harbour Terrace across from expansive Logan Park and in central campus area. |
Outdoor living | Landscaped backyard which is very popular with tenants. |
Renovated | Fully repainted inside and out, new carpet, new bathrooms, double glazing. |
Year built | Built in 1993 by current vendor. Always popular with tenants. Has not had a day where unrented. |
Unit titled duplex in heart of Otago University/ Otago Polytechnic campus. Double story, five bedroom, two bathroom unit. Built in 1993 by vendor, faithfully maintained and recently fully refurbished, repainted and renovated. Double glazed, integrated fire alarm, new appliances, new floor coverings.
This investment physically compares very favourably with other properties with similar returns.
Rented at $210/room/ week. Gross annual rental $54,600. 12 month lease.
Always 100% rented throughout its entire life.
Licensed under the REA Act 2008
Mobile: +64 27 488 8450 |
Office: +64 3 467 7142 |
robin.hyndman@bayleys.co.nz |
Chattels | All new stove, fridge/freezer, washing machine, dryer. |
Dwelling details | Five bedroom, two bathroom student flat with generous living areas. |
Heating | Heat pumps. Fully compliant with Healthy Homes legislation. Integrated fire alarm system operating on mains supply. Peace of mind. |
Investment | Returning $54,600 per annum. 6.42% gross return on asking price of $850,000. |
Location | In Harbour Terrace across from expansive Logan Park and in central campus area. |
Outdoor living | Landscaped backyard which is very popular with tenants. |
Renovated | Fully repainted inside and out, new carpet, new bathrooms, double glazing. |
Year built | Built in 1993 by current vendor. Always popular with tenants. Has not had a day where unrented. |
110A Harbour Terrace, North Dunedin
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 488 8450 |
Office: +64 3 467 7142 |
robin.hyndman@bayleys.co.nz |
Please login or register
Login / Register