Sold Property

56A, 56B, 56C Ascot Street, St Kilda, Otago 9012

  • 596
  • 130 m2
  • 4
  • 3
  • 2

$603,000

Owner quits on readymade investment

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

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Sold Date

  • 26 November, 2020

Property features

  • Property Type: Home & income
  • Property Features: Smoke alarms
  • Roof: Coloured steel, Iron and New roof for granny flat
  • Tenure: Freehold
  • Property condition: Fair
  • House style: Villa
  • Construction: Plaster and Rough cast over weatherboard
  • Joinery: Timber
  • Insulation: Ceiling
  • Flooring: Polished, Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Electric
  • Electrical: TV aerial
  • Chattels remaining: Blinds, Fixed floor coverings, Light fittings, Stove, Rangehood, Dishwasher, Cooktop, Smoke Detector, Curtains
  • Kitchen: Upright stove, Rangehood, Extractor fan and Pantry
  • Living area: Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double
  • Bedroom 3: Double
  • Bedroom 4: Double and Built-in / wardrobe
  • Granny flat: Separate and Council approved
  • Main bathroom: Shower over bath
  • Views: Private
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered and Concrete), Clothesline, Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
Read More

Office

Harcourts Dunedin

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 596
  • 130 m2
  • 4
  • 3
  • 2

Sold Property

56A, 56B, 56C Ascot Street, St Kilda, Otago 9012

$603,000

Owner quits on readymade investment

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

Property Features

  • Property Type: Home & income
  • Property Features: Smoke alarms
  • Roof: Coloured steel, Iron and New roof for granny flat
  • Tenure: Freehold
  • Property condition: Fair
  • House style: Villa
  • Construction: Plaster and Rough cast over weatherboard
  • Joinery: Timber
  • Insulation: Ceiling
  • Flooring: Polished, Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Electric
  • Electrical: TV aerial
  • Chattels remaining: Blinds, Fixed floor coverings, Light fittings, Stove, Rangehood, Dishwasher, Cooktop, Smoke Detector, Curtains
  • Kitchen: Upright stove, Rangehood, Extractor fan and Pantry
  • Living area: Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double
  • Bedroom 3: Double
  • Bedroom 4: Double and Built-in / wardrobe
  • Granny flat: Separate and Council approved
  • Main bathroom: Shower over bath
  • Views: Private
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered and Concrete), Clothesline, Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
Show More

Sold Date

  • 26 November, 2020

Ganesh Rout Harcourts Dunedin

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Harcourts Dunedin

Office Harcourts Dunedin Licensed under REAA 2008

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