516 Great King Street, North Dunedin, Dunedin, Otago, 9016, New Zealand
Rarely do such well located, high cashflow properties come available to the market. This tightly held market is releasing one of its treasures for a new owner to snap up and store in your long term portfolio.
The three-dwelling property comprises of a 4-bedroom and 5-bedroom flat in the front older building and a modern standalone 5-bedroom flat at the rear, all on one title. The three properties are all tenanted on fixed leases for 2022 at $2,175 per week.
The properties come furnished with all whiteware tenants come to expect and the Healthy Home requirements have mostly been met, with just some minor draught stopping items to be addressed. The property is warm and dry and the location is excellent for students wanting a very short walk to University Campus just one block away.
