Astute central campus investment
99 Clyde Street, Dunedin North, Dunedin City
11 14 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.
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