167B Dundas Street, North Dunedin, Dunedin City, Otago 9016

Sold

Purpose Built and a Prime Location!

One of two purpose-built student flats available, this property offers an opportunity to secure a simple, no fuss purpose-built property in the sought-after student rental market.

This 1960's 5-bedroom, 2-bathroom property offers a popular bathroom ratio for tenants and is situated in one of the most tightly held university investment areas, offering a short walk to both the University and Polytechnic campuses. It features good sized bedrooms, easy maintenance and is well equipped with all the expected chattels for a student rental.

Rented for $650 per week on a fixed term agreement until 31st December 2020, there is security in the income being locked in. We encourage quick action in the current market, as low stock and many buyers wanting to enter the Dunedin investment market mean properties are moving fast.

The sister property, 167C Dundas Street, adjoins this property and is also available for purchase with similar layout, rental stream and conditions.

• 5 bedroom, 2 bathrooms
• Purpose-built student flats
• Prime location
• Low maintenance, easy care investment

To view a 3D Virtual Tour of the property, click here: bit.ly/37gQvDZ

A full Colliers Information Memorandum and additional property documentation including LIM are available on request.

Viewings are by private appointment only with our Brokers.