Solid character investment
1046 George Street, Dunedin North, Dunedin City
Check out this student terrace-styled flat. One in a block of five constructed in 1897, providing five bedrooms, spacious lounge, separate kitchen and bathroom, rented at a modest $500pw to 31st December 2017. Located at the quiet north end of popular George Street, with a boutique picket fenced front yard facing the sun. Warmed snuggly by a heat pump in the winter months and a nice backyard for those summer hangouts. Easy walk to all University faculties. A solid investment and room to increase the rent going forward with some upgrades. Would also be ideal for children studying at university 2018.
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Web iD: DO9248
Approximate land area: 163m2
Approximate floor area: 137m2
Rateable value: $385,000
Rates (DCC): $2,142.39
Rates (ORC): $425.78