This property currently has five, six-bedroom flats (30 rooms) on a 1674m2 site in Residential Zone 3 (37 room capable). There are two villas directly off Leith Street and three purpose-built units with access off Castle Street North. All five flats rent with ease with plenty of competition to push rents further in years to come. Whether you are wanting a long-term hold with rental upside, or a development to get your teeth into, give us a call to discuss your options and receive your full information pack.

To view other investment options see our website: www.propertyinvestments.nz

Web iD: DO10081
Approximate land area: 1674m²
Approximate floor area: 850m²
Rateable value: $2,330,000
Rates (DCC): $13520.73
Rates (ORC): $3,056.75