Dunedin Central
Dunedin City

ID#450679
Listed about 1 month ago
Agency Listing Number: 212867
$455,000
SOLD
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Property Details

Location:
Bedrooms
Bathrooms
Garages
Dunedin City
Otago
41N/A

Building
Land
Built In
N/A N/A

Perfect Entry Level Student Investment

The property offers an opportunity to secure a highly coveted four-bedroom student flat in the heart of campus at a conservative entry level price. Four-bedroom properties are some of the easiest to rent due to the rarity of this size available to tenants, and the property manager has stated little effort is required to attract tenants every year.

This particular flat has enjoyed modern renovations in recent times and the property has a comfortable, warm feel to it, enhanced by the positive pressure ventilation system to keep the property and tenants dry and warm.

The flat is rented for 2019 at $520 per week, and is being advertised for an increase in rent for 2020 at $540 per week, but a new owner could still purchase this for their own offspring for next year if secured soon.

•4 Bedrooms including sleepout
•Current rental income of $520 per week
•Close proximity to campus, cafes and amenities

To view a 3D Virtual Tour of the property, click on the link above.

For a full Colliers Information Memorandum and additional property documentation, please go to www.colliers.co.nz/212867 and download from our "DATAROOM" button (on desktop version only, not mobile).

Viewings are by appointment only with the Broker.

Other investment options at www.colliers.co.nz/student-investment

Sales Consultants

Matt Morton


Colliers International
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 03 471 6734
Mobile: 021 577 800
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http://www.colliers.co.nz/Student-Investment

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