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
•Low maintenance, easy care investment
To view a 3D Virtual Tour of the property, click here: https://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.
Ref #: 20397838
- Contact our experts for details on this transaction.