63 & 65 Stafford Street, Dunedin Central, Dunedin City

Grand designs investment!

7
5
OSP
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7
5
OSP

63 & 65 Stafford Street, Dunedin Central, Dunedin City

Grand designs investment!

Residential property For Sale

$1,500,000

About

Wonderful opportunity to secure an upmarket premium investment. Numbers 65 and 63 Stafford Street inner city are two apartments on one title.

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Number 65 Stafford Street is a re imagined early Dunedin building that has undergone a full refurbishment and contains three bedrooms, three bathrooms and two separate living spaces. One living area leads to a stunning roof top deck. Currently let at $850 per week until Christmas, professionally managed and almost fully furnished.

Number 63 is a modern four bedroom, two bathroom apartment. Recently built and well- placed beside the original building. Let at $800 per week and also managed.

Enjoying stunning views and sun in the middle of town with three off-street parks available. Number 65 has had Air B and B history, however its a great investment as is or live in one next year and rent out the other. The owner is most of the way through a unit title and the new owner can progress this if they wish.

For sale at $1.5 million, total yearly rent of $85,800 with a 5.7% return. Phone for a week time viewing appointment.

property details +

Web iD: DO10497
Approximate land area: 468m2
Approximate floor area: 300m2
Rateable value: $990,000
Rates (DCC): $5,074.20

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