It's a winner!

526 George Street, Dunedin North, Dunedin City

FOR SALE
$2,299,000

14 bedrooms     14 bathrooms    

No one ever regrets investing in location and quality. Add in proven occupancy and we have a winner. This impressive “Ex Boutique Hotel" character residence with modern extension, features fourteen fully furnished/ensuited motel styled rooms provides “just bring your suitcase accommodation” for discerning students. The property offers spacious common – kitchen, dining and lounge/relaxing areas plus swipe card access. Strategically positioned on George Street, in an absolute prime location, only two blocks to Central Library/University faculties and one block to George Street retail precinct. This prime 943m2 Residential 3 land holding providing an impressive $196,040 pa (2017, some landlord costs) has obvious potential for future wealth creating. Prepare to be impressed.

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: DO9332
Approximate land area: 943m2
Approximate floor area: 520m2
Rateable value: $1,320,000
Rates (DCC): $4,622.20
Rates (ORC): $410.05

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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