152 Queen Street, Dunedin Central
Dunedin City

ID#455374
Listed about 1 month ago

$695,000
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Property Details

Location:
Bedrooms
Bathrooms
Garages
Dunedin City
Otago
621

Building
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N/A N/A

Fit for a Queen

152 Queen Street is on the market for the first time in 20 years.

Here is an excellent opportunity to secure a well-cared for, modern style investment property close to the university in popular Queen Street. This property feels more like a home than a flat and is a standout property when compared to regular student flats. There have been no vacancies during the current ownership and 152 Queen Street tends to appeal to the more discerning and mature students making it easy to manage. It could be perfect for your own children.

This stand-alone freehold property offers six good sized bedrooms, well thought out bathrooms and kitchen and a very large and comfortably furnished open plan living space. The property boasts fantastic expansive views from Mt Cargill, across the Botanical Gardens, Campus and City and out to sea. This simply is a peaceful and delightful view to help tenants to relax and focus on studies.

It continues to tick the boxes with a decent sized laundry and its own internally accessed single garage, which is a luxury rarely afforded to student properties. A secondary smaller space exists beside the house in which you could park a small vehicle.

This property offers a great opportunity to add a modern, high standard property to your portfolio or would make a quality foundation for your property investments in a market where demand for accommodation exceeds supply.

Currently rented to six fantastic tenants at $870 per week until 31 December 2019.

•Six good sized bedrooms with 2 bathrooms
•Fully tenanted for 2019 with great rental history
•Internally accessed single garage
•Close proximity to the University

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/213496 and download from our "DATAROOM" button (on desktop version only, not mobile).

Viewings are by appointment only with the Broker.

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

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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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ewen.livingstone@open2view.com
021 1216516
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