Sold Property
$603,000
Ganesh Rout Harcourts Dunedin
Situated in arguably the best street in Saint Kilda, this presents a golden opportunity to secure a premium investment or a developer who knows the value of redeveloping a prime site like this.
With the current setting providing a weekly income of $620pw ($32,240 gross per annum).
56 - A Ascot St
----------------------
2 x bedroom 1x bathroom
Tidy kitchen with separate living
Great tidy Tenants
Currently tenanted on fixed term until February @ $270 per week
Updated Market Rental appraisal- $270-$300pw
56 - B Ascot St
--------------------
1x Bedroom 1 x bathroom
Great tidy Tenants
Currently tenanted on Periodic @ $150 per week
Updated Market Rental appraisal- $220-$240 pw
56 - C Ascot St
------------------
1x Bedroom 1 x bathroom
Great tidy Tenants
Lovely private fenced backyard
Currently tenanted on Periodic @ $200 per week
Updated Market Rental appraisal-$240-$260pw
This considerable investment offers not only good returns but the option of having home and income, a town base, or a cash flow positive investment with further improvement based on the current market appraisal with a potential income of $800pw ($41,600 gross per annum).
Opportunities like this do not come along every day, and I have very clear instructions from my owners to sell it. Make your move now and give Ganesh a call today to arrange your viewing, otherwise we'll see you at the open home Please note viewings at open home times, or by appointment.
Click on the link below to download all the documents: https://harcourts.co.nz/Property/931487/DU95634/56A-56B-56C-Ascot-Street#documents
Property ID: #DU95634
Office
Licensed under REAA 2008
Sold Property
Situated in arguably the best street in Saint Kilda, this presents a golden opportunity to secure a premium investment or a developer who knows the value of redeveloping a prime site like this.
With the current setting providing a weekly income of $620pw ($32,240 gross per annum).
56 - A Ascot St
----------------------
2 x bedroom 1x bathroom
Tidy kitchen with separate living
Great tidy Tenants
Currently tenanted on fixed term until February @ $270 per week
Updated Market Rental appraisal- $270-$300pw
56 - B Ascot St
--------------------
1x Bedroom 1 x bathroom
Great tidy Tenants
Currently tenanted on Periodic @ $150 per week
Updated Market Rental appraisal- $220-$240 pw
56 - C Ascot St
------------------
1x Bedroom 1 x bathroom
Great tidy Tenants
Lovely private fenced backyard
Currently tenanted on Periodic @ $200 per week
Updated Market Rental appraisal-$240-$260pw
This considerable investment offers not only good returns but the option of having home and income, a town base, or a cash flow positive investment with further improvement based on the current market appraisal with a potential income of $800pw ($41,600 gross per annum).
Opportunities like this do not come along every day, and I have very clear instructions from my owners to sell it. Make your move now and give Ganesh a call today to arrange your viewing, otherwise we'll see you at the open home Please note viewings at open home times, or by appointment.
Click on the link below to download all the documents: https://harcourts.co.nz/Property/931487/DU95634/56A-56B-56C-Ascot-Street#documents
Property ID: #DU95634
Ganesh Rout 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.
37 & 37A Wales Street, Maori Hill, Otago 9010
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