A lot of upside to this investment property comprising two double-storey attached villas with a combined weekly rent of $980. Four bedrooms in each and rented consistently, this year through to January 2019. With a net yield approaching 7.15% on asking price, astute investors should take note.
The current owners have maintained the property well, with recent exterior paint and roofing work just completed.
With small, easily maintained grounds and the prospect of an improved yield in coming years, this property is an ideal keeper for any portfolio. Equally, it could be a great buy for parents with children due to attend university. Bus route nearby and a short walk down the hill to the Octagon and 10-15 minutes further to the campus.
- By appointment
- House Size: 370 Sqm
- Land Size: 314 Sqm
- Style: House
47 Arthur Street, Dunedin