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Listed 9 months ago

ID#560621

North Dunedin

Dunedin
$640,000
4
2

For your own children

Student tenants are facing large annual increases in rent and more stress than ever trying to secure a flat for the following year with tenant demand at an all-time high.

Want to help your children to succeed by removing the stress of flat hunting every year? Then purchase this 4-bedroom, 2-bathroom flat that has been previously renovated with an upgraded roof and wiring, and double-glazed windows. A modern extension to the property provides a large bedroom to the rear with an ensuite, and three bedrooms and a bathroom to the front, which is ideal for other tenants to reside and contribute to the rent.

The location is ideal, as it is a flat and close walk to the campus, but outside of the 'party zone' that parents generally want to avoid when purchasing property. The local supermarket is only minutes away, while public transport is available along the bus route at the end of the road, straight into the middle of the city.

The property has been intentionally left vacant for 2024, so your own child can use themselves for studies next year, but sitting tenants are locked in until the end of the year at $720 per week.

Don't miss this opportunity to secure a flat for your family and enjoy the benefits of owning a rental property in Dunedin.

A full Matt Morton & Co Information Memorandum and additional property documentation including LIM are available on request.

Please contact me for a further discussion or to arrange a viewing appointment.

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Agent

Matt Morton

Matt Morton & Co Limited

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Matt’s inception into real estate started in 2011. With 22 years of business and commercial management experience, Matt has developed a reputation in the real estate sector for a very high level of quality and professionalism and introduced a residential investment selling strategy that still exceeds buyers’ and clients’ expectations.

He is trusted by clients nationwide and abroad to deliver a smooth sales process leading to record sales, and his local knowledge and understanding of the market is called upon by an array of stakeholders throughout the investment property sector. Matt continues to command the respect of his peers; professional colleagues and the wider investment community.

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This property was photographed by

Ewen Livingstone

Otago and Southland

ID#560621

North Dunedin

Dunedin
$640,000
proudly marketed by
Matt Morton
Matt Morton & Co Limited
Matt
021 577 800
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