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
- By appointment
- Garages: 1
- House Size: 210 sqm
- Land Size: 698 sqm
77 Stafford Street, Dunedin