Multi income stream investment

129A Forth Street, Dunedin North, Dunedin City

FOR SALE
By Negotiation

16 bedrooms     4 bathrooms     OSP

Perched on top of Forth Street overlooking Logan Park Sports ground and the Stadium, this property offers great views in a location that services students from the University, Teachers College & the Otago Polytechnic. Walking distance to most faculties and the Unipol (Stadium Gym) has meant this has been fully rented since the vendors purchased in 2007, and rented at $2445pw for 2017, giving you stable fixed-term tenancies. Some landlord costs apply.
The property is split into four flats, a 4 and 5 bedrooms upstairs, and a 3 and 4 bedrooms downstairs. This well presented property has a new roof and has always been an easy let for the owners. Don’t miss this opportunity.

To view other investment options see our website: www.propertyinvestments.nz

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile 021 526 366
Direct dial 03 470 2516
After hours 021 526 366
Email Email me »

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile 021 191 5555
Direct dial 03 470 2517
After hours 021 191 5555
Email Email me »

Further information

Web iD: DO9243
Approximate floor area: 500m2
Rateable value: $950,000
Rates (DCC): $7,590.25
Rates (ORC): $356.60

DUNEDIN
578 George Street
PO Box 5772,
Dunedin 9058
T (03) 474 0444
F (03) 477 3208
E
MOSGIEL
123B Gordon Road
PO Box 69,
Mosgiel 9053
T (03) 489 5444
F (03) 489 2022
E
CENTRAL OTAGO
7 Murray Terrace
PO Box 448,
Cromwell 9342
T (03) 445 0702
F (03) 445 0716
E
NZ Realtors Network Ltd
Highlanders - Official Real Estate Partner
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