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ID#572802
307 Stuart Street,
Dunedin Central
Dunedin
PBN
6
3
proudly marketed by
Matt Morton
Matt Morton & Co Limited
savvy renovating investor
This central city property presents an opportunity for a savvy renovating investor to scoop up a property primed for a refurbishment to meet the higher expectations of modern day tenants.
The six bedrooms are all good sizes with two shared bathrooms, and one room featuring its own full ensuite. The generous living space opens to the kitchen at the rear, but a tired feel resonates over the property which is waiting for a makeover to lift the rental into the new generation. Vacant possession means you can start work immediately and be ready in time for the next rental season.
Demand for inner city rentals is forecast to swell in the coming years with a bubble of students moving through the high school system tipped to hit the tertiary market from 2025, and the construction workforce will add additional pressure once the hospital fabrication phase is underway in the next few years.
Joint and several tenancies are fetching $190 - $210 per room per week for properties in good condition, so do your numbers, make your plan and place an offer in this deadline sale by 12:00 pm, Tuesday 9 April 2024 to secure this property. Prior offers can be considered.
Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.
Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
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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.
read moreThis property was photographed by
Ewen Livingstone
Otago and Southland
ID#572802
307 Stuart Street,
Dunedin Central
Dunedin
PBN
proudly marketed by
Matt Morton
Matt Morton & Co Limited