25 Ethel Benjamin Place, North Dunedin, Dunedin City, Otago 9016

Sold

You've landed on Monopoly's Park Lane!

CURRENT BID $1,085,000 - (3 QUALIFIED BIDDERS - RESERVE MET)

FINAL BIDDING STAGE HAS BEEN BROUGHT FORWARD TO 12:30 P.M. ON TUESDAY 9 MARCH 2021.

Yes, that's right, the most coveted street on student campus has offered up one of her rare gems of a property. Tenants pinch themselves when they receive a signed Tenancy Agreement on this street and the seven female tenants in this property couldn't believe their luck either. This is the property you want to own.

For sale by Openn Negotiation (online bidding process). The bidding starts from now and the property can sell at any time. Open to all buyers, including finance, subject to seller approval.

The five bedrooms and two bathrooms inside the main house are complemented by two bedrooms and a 'jack & jill' style bathroom in the very modern and cosy sleepout to the rear of the property. Almost entirely double glazed with modernized open plan kitchen and functional bathrooms, this well laid out property ticks all the investment boxes.

This year property is rented for $152 per room ($1,064 per week), which is arguably under rented in this heated market, but the Vendor's are selling now to allow a new owner to set their desired rents for 2022. The rental season will obviously start within the next few months and this portfolio cornerstone property will be the one you'll be pleased you secured.

The property is open for Buyers to register and submit a bid from now and while the Final Bidding Stage is currently set to commence at 12:30 p.m. on Tuesday 9 March 2021, this could be brought forward at any stage or sold prior. Contact the sales agent immediately to become qualified and avoid disappointment.

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

Viewings are by private appointment only with our Broker.

Other investment options at colliersotago.co.nz

Property Details

3D Walk-Through

Location 25 Ethel Benjamin Place, North Dunedin, Dunedin City, Otago 9016