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Listed 4 months ago

ID#450680

Dunedin Central

Dunedin City
$435,000
4
1

Start Your Student Portfolio

This wonderful four-bed student flat is the ideal start, or addition, to your student investment portfolio. With a modernised kitchen and bathroom, this cottage is cosy and warm and boasts a ventilation system in addition to the heat pump to help keep the tenants warm, dry and healthy. The sleepout is approximately 8 years old, double glazed, fully insulated and a rare delight as a student's bedroom.

Mackenzie Street is a very quiet one-way road, located with the perfect balance of close to university campus, but in an incredibly quiet location. The short walk to campus, the impressive Marsh Study Centre and the local Gardens supermarket make this is a haven in the central campus area.

The tenants are locked in until 31/12/2019 at a very reasonable $512 per week. The Vendor's have opted to not yet let the property for next year so that you may use for your own children for 2020, or set your own rents. Similar properties are experiencing high levels of attention from tenants right now.

• 4 Bedrooms including sleepout
• Current rental income of $512 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 Information Memorandum and additional property documentation, please go to www.colliers.co.nz/212869 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

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Agent

Matt Morton

Colliers International

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

This property was photographed by

Ewen Livingstone

Otago and Southland

Listed 4 months ago

ID#450680

Dunedin Central

Dunedin City
$435,000
proudly marketed by
Matt Morton
Colliers International
Matt
021 577 800
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