Deadline Sale 4pm Wednesday 19th December 2018 Calling all investors and developers. An amazing opportunity here with a 1200m² Central Dunedin section containing a five-bedroom colonial gent’s residence and a separately tenanted one-bedroom coach house.
Initial concept plans are available for six four-bedroom townhouses on the site. They would all have sweeping harbour views once site works are complete. In the meantime, the property is capable of a very good return. Currently the coach house is rented at $250 pw and upgrading of the five-bedroom residence has just been completed. A rental assessment will be available. Plenty of off-street parking.
A rare opportunity to land bank and earn income in central Dunedin. Cash in on the high demand for rental and investment property. Inquire today.
- By appointment
- House Size: 200 Sqm
- Land Size: 1214 Sqm
86 Melville Street, Dunedin