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Grab the opportunity to secure a student flat in the quieter fringe location of the central campus area that can be improved to grow the value.
Currently rented below market levels at $690 per week until the end of 2019, gains could be made with additional improvements to the building over and above the already modernised kitchen and bathrooms.
With commanding views across the student area and university it sits outside the typical noisy party areas of North Dunedin, however it is still only a short walk to university and all amenities.
The property is fully tenanted for 2019, so now is the perfect time to secure the property, plan your improvements and set new rents for 2020.
• Modernised kitchen and bathrooms
• Quieter fringe area of campus
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/213281 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