Dual income investment

67 Canongate, Dunedin Central, Dunedin City

FOR SALE
$329,000

8%

3 bedrooms     2 bathrooms    

This tidy, mostly double glazed Villa is separated into two flats offering a multiple stream. Located only minutes’ walk to the Central City has made it easy to acquire tenants for the current owner. The front flat is one bedroom, with modern kitchen and bathroom, built in wardrobe and receives great afternoon sun in a private court yard. Rented at $265pw to 31.12.2017. The rear flat is a two bedroom, large living with views of the harbour, rented at $245pw on a periodic basis to the same tenants since January 2010. With a spruce up there is room to increase the rents going forward. Both flats have their own outdoor area with picnic table and storage shed. Both flats come with an extensive quality chattels list. Whether a straight investment or a town base with income, this property won’t last long.

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: DO9343
Approximate land area: 253m2
Approximate floor area: 120m2
Rateable value: $230,000
Rates (DCC): $2,910.61
Rates (ORC): $87.59

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
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