Well presented student residential investment

110B Harbour Terrace, North Dunedin

Offers/Enquiries Over NZD $850,000

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Well presented student residential investment | 110B Harbour Terrace, North Dunedin | 4603271 |      X Close
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Well presented student residential investment

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.

110B Harbour Terrace, North Dunedin

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Robin Hyndman

Robin Hyndman

Dunedin

Licensed under the REA Act 2008

Mobile: +64 27 488 8450
Office: +64 3 467 7142
robin.hyndman@bayleys.co.nz
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