14 Duddingstone Steps, North East Valley, Dunedin City, Otago 9010

Sold

Double Down Investment

CURRENT BID $580,000 - (4 QUALIFIED BIDDERS)

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

The Openn Negotiation is under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.

It's time to cash in on this reliable and well catered property. Two separate dwellings on the one title allows you to select smaller quieter groups of tenants and still gain the higher cash flow of larger groups. The rent is currently $800 per week and an increase has been secured starting next year at $830 per week fixed until 31 December 2021.

The prudent owners have diligently looked after the property and have everything neat and tidy throughout including heat pumps, ceiling and underfloor insulation and even polythene vapour barriers to help keep the properties warm and dry. These have been easy to rent and manage, but they are now ready to move on with other plans and are here to sell.

• Dual incomes from two dwellings
• $830 per week for 2021
• Neat and tidy and easy to rent

To view a 3D Virtual Tour of 14 Duddingstone Steps, click here: bit.ly/30qmIqd

To view a 3D Virtual Tour of 14A Duddingstone Steps, click here: bit.ly/2CTlT1i

A full Colliers Information Memorandum and additional property documentation including LIM, Building Inspection Report and Electrical Inspection Report are available on request.

The property is open for Buyers to register and submit a bid from now until 12:30pm Thursday 20th August 2020 when the Final Bidding Stage will commence (unless brought forward or sold prior).

Viewings are by private appointment only with our Brokers.

Other investment options at colliersotago.co.nz