Virtual Tour
Top Student Investment
What a great investment this is.
The high standard of accommodation in each of the seven bedrooms of this property is underscored by the rents and rental history. A near 100% occupancy rate and weekly room rentals of $305 to $335 per week add up to a near $120,000 gross annual income and a net income of around $93,000 per year.
Modern, spacious and with great views over Logan Park, the rooms each have extensive chattels and are warm and comfortable. Some tenants have been here several years.
Of concrete construction, the building is in excellent condition and has been expertly managed for the current owners.
As close to a hassle-free investment as you are likely to see. Rating value $1.6 million.
INSPECTION
- By appointment
PROPERTY DETAILS
- House Size: 289 sqm
Location
129C Forth 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...