Gross Return Over 9.6%, What a Cash Cow!
Located only minutes' walk to the Gardens Shopping precinct, and a short stroll to University, this property is ideally located for the discerning students.
This is a very desirable location- close to the University but out of ‘party town’. The house offers seven good sized bedrooms, modern open plan kitchen and dining, two bathrooms and a second separate toilet.
With all the work done the owners have enjoyed good occupancy and this property is running as studio rooms at $1195 per week, with an annual income of $62,140 for 2020, landlord costs apply.
An opportunity exists for an astute investor to further upgrade the property and reap the rewards with increased rents moving forward.
With historically low interest rates and the great return, you will have to act quickly. Whether purchasing for your kids to use whilst at University, or as a long-term investment, this property could be for you.
Call me today to request your information pack.
INSPECTION
- By appointment
PROPERTY DETAILS
- House Size: 200 sqm
- Land Size: 375 sqm
Location
17A Buccleugh Street, Dunedin
Salesperson
KAREN TANG
Real Estate has become a career I'm passionate about. This is evidenced by the 42 sales with a combined value of $17.2 million I sold in the last 15 months, and the referral...