Cash Flow is the King!
This is a very desirable location- close to the University but out of ‘party town’. Located only minutes' walk to the Gardens Shopping precinct, and a short stroll to University, this property is ideally located for the discerning students.
The house offers nine good sized bedrooms, modern open plan kitchen and dining, two bathrooms and a spacious laundry. With all the work done the owners have enjoyed good occupancy and this property is running as studio rooms at $1345 per week, with an annual income of $69,940 for 2021, 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: 170 sqm
- Land Size: 397 sqm
Location
203 North Road, 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...