Sold Property

135 and 135A Riselaw Road, Calton Hill, Otago 9012

  • 539
  • 140 m2
  • 2
  • 1
  • 2

$387,500

Elvis Has Left The Building!

In the immortal words of Elvis Presley..."It's One for the money, Two for the show, Three to get ready now go go go!"

There is amazing potential here, and options for the astute investor and developer!

- Option 1. Refurbish the flat and enjoy immediate rental returns while you develop the shop.
- Option 2. Refurbish the flat and offer the adjoining commercial space to a local business or perhaps for your very own business.
- Option 3. Do either of the above and apply to council for resource consent to build a third dwelling on the large land below. This section is also serviced from Sidey Street. The existing garage is handy, but subject to council approval this could possibly make way for an additional dwelling.

Opportunities like this are very rare indeed, and the possibilities will only be limited by your imagination. One thing is certain, my owner says it must go go go! So shake rattle and roll, get a move on to inspect before the the Auction. Prior offers will be considered!
Public download link: https://www.harcourts.co.nz/Property/940645/DU95724/135-and-135a-Riselaw-Road#documents Property ID: #DU95724

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Sold Date

  • 17 February, 2021

Property features

  • Property Type: House
  • Tenure: Freehold
  • House style: Other
  • Flooring: Floating and Carpet
  • Heating / Cooling: Electric
  • Living area: Separate living
  • Main bedroom: Double
  • Bedroom 2: Double
  • Outdoor living: Deck / patio
  • Land contour: Flat to sloping
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
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Office

Harcourts Dunedin

Licensed under REAA 2008

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Est. bond $1920
  • 539
  • 140 m2
  • 2
  • 1
  • 2

Sold Property

135 and 135A Riselaw Road, Calton Hill, Otago 9012

$387,500

Elvis Has Left The Building!

In the immortal words of Elvis Presley..."It's One for the money, Two for the show, Three to get ready now go go go!"

There is amazing potential here, and options for the astute investor and developer!

- Option 1. Refurbish the flat and enjoy immediate rental returns while you develop the shop.
- Option 2. Refurbish the flat and offer the adjoining commercial space to a local business or perhaps for your very own business.
- Option 3. Do either of the above and apply to council for resource consent to build a third dwelling on the large land below. This section is also serviced from Sidey Street. The existing garage is handy, but subject to council approval this could possibly make way for an additional dwelling.

Opportunities like this are very rare indeed, and the possibilities will only be limited by your imagination. One thing is certain, my owner says it must go go go! So shake rattle and roll, get a move on to inspect before the the Auction. Prior offers will be considered!
Public download link: https://www.harcourts.co.nz/Property/940645/DU95724/135-and-135a-Riselaw-Road#documents Property ID: #DU95724

Property Features

  • Property Type: House
  • Tenure: Freehold
  • House style: Other
  • Flooring: Floating and Carpet
  • Heating / Cooling: Electric
  • Living area: Separate living
  • Main bedroom: Double
  • Bedroom 2: Double
  • Outdoor living: Deck / patio
  • Land contour: Flat to sloping
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
Show More

Sold Date

  • 17 February, 2021

Ganesh Rout Harcourts Dunedin

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Harcourts Dunedin

Office Harcourts Dunedin Licensed under REAA 2008

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Need to sell before you Buy?

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