North Dunedin - Dunedin City

156 Dundas Street, North Dunedin, Dunedin City, Otago 9016

  • 6
  • 2
  • 1

Sold

Cashflow Queen!

CURRENT BID $815,000 - UNDER OFFER

For sale by Openn Negotiation (flexible conditions online auction).

This 1906 villa is your quintessential student flat that is adored by tenants year after year. A substantial refurbishment in 2015 setup the property to meet all the fundamentals to keep your tenants happy, including a renovated kitchen and bathrooms, spacious bedrooms and even a ventilation system to keep them healthy and dry, and therefore easier to heat.

Happy tenants are great tenants and with a new tenancy already in place for 2021 at $930 per week, the high cashflow allows for great returns too. The Vendor has found this property easy and profitable to own, but a new era in life means he is selling out his portfolio of student flats and he has saved the best for last. This is a must sell in one of the most stable and proven markets in New Zealand.

• Close location to both university and polytechnic, plus the Logan Park sports area and Forsyth Bar Stadium
• Rented to six females for 2021 already at $930 per week
• Renovated substantially in 2015

Enquire early to receive the full suite of property reports we have and see if this is the right property for you. Instructions on how to bid in this online digital auction will be sent with your enquiry.

Viewings are by private appointment only with our Brokers.

Other investment options at www.colliersotago.co.nz

Property Details

Ref

  • 20467393

Property type

  • House

3D Walk-Through

Location 156 Dundas Street, North Dunedin, Dunedin City, Otago 9016

Get more info

Learn more about this property listing by contacting one of our experts.

Make an enquiry

Contact our property experts to learn more about this listing or talk about your Queenstown, Wānaka, Cromwell or Dunedin real estate requirements. 

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Also in the area