City Centre Dunedin - Dunedin City 135 Leith Street, City Centre Dunedin, Dunedin City, Otago 9016

  • 6
  • 2

For sale

$950,000

Dual Flat in the heart of Campus

Two flats in one is a great way to spread your investment. Upstairs contains a four bedroom flat with one bathroom and downstairs a private two bedroom flat with large rooms and an ample bathroom.

Students love being on the south side of Campus that offers short walking access to the Medical and Dentistry Schools, which is perfect for tenants looking to live in smaller groups. The City Centre is not far away and this has to be the most coveted location within the student area.

The property has benefited from roof refurbishments and exterior painting undertaken in past years and the electrical wiring is being upgraded where required to cover all the fundamental bases of property investment ownership for you. Healthy Homes Standards are mostly met with one small alteration to occur for full compliance.

The two flats are rented for a combined $970 per week, but some internal refurbishments will lift this amount, especially with the tight demand for flats the student area is experiencing.

The neighbouring property to the right, 133 Leith Street, is also available to purchase and owning both provides you a high income generating asset in one excellent location.

For full information including Colliers Information Memorandum, Council LIM, electrical report, Healthy Homes report, floor layouts and 3D Virtual Tours, please send an email enquiry. Viewings are by private booking with the agent.

Property Details

Ref

  • 20838278

Property type

  • Unit

Floor area

  • 170 sqm

Land area

  • 187 sqm

Location 135 Leith Street, City Centre Dunedin, Dunedin City, Otago 9016

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Matt

Matt Morton

Investment sales broker

Dunedin Office

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