Sold Property
$1,475,000
Kay Lucas AREINZ Harcourts Dunedin
Available now after 18 years of ownership, is this very tidy 1970's complex of 6 units. All have been renovated to a very high standard, including double glazed windows with a sound break.
Four flats are two bedrooms two are one bedroom. Four garages as well as off street parking for two. No grass to mow but with a large communal patio area for everyone to enjoy. All six are leased till January 2019 with a possibility to increase the rents. Currently bringing in $99,840 p/a. This extremely rare block has been a consistent income generator.
Located just minutes away from the Octagon and bustling Roslyn Village, the location opposite Otago Boys High School also means great views. There is potential to increase future value by creating separate titles for each unit. With the owner restructuring his portfolio, it's a genuine sale - so you should think genuinely about buying!
Property ID: #DU95009
Office
Licensed under REAA 2008
Sold Property
Available now after 18 years of ownership, is this very tidy 1970's complex of 6 units. All have been renovated to a very high standard, including double glazed windows with a sound break.
Four flats are two bedrooms two are one bedroom. Four garages as well as off street parking for two. No grass to mow but with a large communal patio area for everyone to enjoy. All six are leased till January 2019 with a possibility to increase the rents. Currently bringing in $99,840 p/a. This extremely rare block has been a consistent income generator.
Located just minutes away from the Octagon and bustling Roslyn Village, the location opposite Otago Boys High School also means great views. There is potential to increase future value by creating separate titles for each unit. With the owner restructuring his portfolio, it's a genuine sale - so you should think genuinely about buying!
Property ID: #DU95009
Kay Lucas AREINZ Harcourts Dunedin
Office Harcourts Dunedin Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$1,075,000 23 Nore Street, Waihola, Otago 9073
Share