Smart Investment on Inner City Residential Zoning

77 Stafford Street, Dunedin Central, Dunedin

PRICE: SOLD FOR $620,000
Sold
PRICE: SOLD FOR $620,000
BED
BATH
CAR
FLOOR
SECTION

Investors should compare the return on this investment property and see how buying could be a smart move. Currently generating around $1200 a week, it makes sense – even after the Government’s latest housing moves. Its handy location makes it attractive to a variety of tenants, or it could be the future home for your large or extended family.
This six-bedroom plus sleepout villa has been a reliable earner for many years. For several years, it was tenanted by nurses. The current owners have undertaken maintenance but there is scope to make improvements. Large bedrooms, three bathrooms, one an en-suite, a large common kitchen, sleepout, single garage and extensive chattels make this a property well worth considering over a normal residential home. At the price indication, the gross return is around 10%. Do the maths and offer for deadline. Price guide - upwards of $600,000.

PLEASE PHONE FOR SET VIEWING TIMES

INSPECTION

  • By appointment

PROPERTY DETAILS

  • Garages: 1
  • House Size: 210 sqm
  • Land Size: 698 sqm

Location

77 Stafford Street, Dunedin

Salespeople

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...

LEANNE EVANS

I am pleased to be able to use a long pedigree in real estate in my current position as a sales support assistant for Graeme and Kerry. Following on from my mother who worked...

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