Astute central campus investment

99 Clyde Street, Dunedin North, Dunedin City

FOR SALE
$1,900,000

11 bedrooms     14 bathrooms     OSP

Eleven superbly located studio rooms providing a combination of two, 4 bedroom units and a 3 bedroom unit all on one title. Recently built, these units have good communal areas and all bedrooms have ensuites. With a total rental income for 2017 of $155,480 and landlord costs of approximately $30,725, producing a net income of $124,755 per annum. The property is well chatteled providing a higher standard of accommodation to discerning students. Parking is provided at the front of the property and the University, Hospital, City shops and cafes are all only a short walk away. This is astute investing providing a low maintenance investment moving forward.

Contact us for a full information pack. Viewings are by appointment.

More photos coming.

Lane Sievwright

Lane Sievwright

Property Consultant

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

Jim Columb

Jim Columb

Property Consultant

Mobile 0274 327 486
Direct dial 03 470 2512
Email Email me »

Further information

Web iD: DO9367
Approximate land area: 506m2
Approximate floor area: 424m2
Rateable value: $1,750,000
Rates (DCC): $7,959.27
Rates (ORC): $527.62

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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