Two Villas, One Title
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.
INSPECTION
- By appointment
PROPERTY DETAILS
- House Size: 370 sqm
- Land Size: 314 sqm
Features
- Style: House
Location
47 Arthur Street, Dunedin
Salespeople
GRAEME PENNELL
Gaining Nidd Realty Limited’s annual top sales award from 2010 - 2021 plus runner up salesperson 2022 have been stand-out achievements in my real estate career. Since moving...
KERRY SIZEMORE-GEORGE
Real estate is an amazing industry. I believe it is not only about property but, more importantly, about people. My advice for vendors "Don't go with the agent offering you the...