Eye catching investment

120 Stafford Street, Dunedin Central, Dunedin City

FOR SALE
$650,000

8.7%

12 bedrooms     4 bathrooms    

Located only minutes to the Exchange and central business district, this substantial investment offers not only good returns, but the option of having home and income, a town base or a cash flow positive investment. Upstairs has two self-contained three bedroom flats, with views of the harbour and out to sea. Downstairs also has two three bedroom flats. All four flats have modern kitchens and tidy bathrooms. Total rental of $1,090 per week across the four flats, $56,680pa. There is potential to make cosmetic improvements and create rental increases moving forward. Call us today to arrange your viewing or to receive an information pack.

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: DO9379
Approximate land area: 601m2
Approximate floor area: 490m2
Rateable value: $750,000
Rates (DCC): $6,705.73
Rates (ORC): $256.84

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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