• $1399000
33 & 35 Duke Street, City Centre, Dunedin, Otago, 9016, New Zealand
Very rarely does a long standing solid property like this one become available. Its nice and light and airy inside with all bedrooms both a decent size and well laid out. Very popular with the student community with leasing under way already. Currently rented at $1860.00 per week featuring 2 dwellings each consisting of 6 bedrooms and 1 bathroom. With the majority of university properties selling at well below a 6% yield in the past, securing this property at an almost 7% return is a no brainer. This property can be sold separately although the owner would prefer to sell both at the same time.
