12 Albany Street, Dunedin North, Dunedin City

Large character campus investment!

13
3
OSP

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13
3
OSP

12 Albany Street, Dunedin North, Dunedin City

Large character campus investment!

University Investments For Sale

By Negotiation

About

Buyers over $1,450,000 should inspect!

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Do not miss an opportunity to secure a multi-income property in a sought-after prime campus location. This huge 520m2 Villa is split into an eight-bedroom flat upstairs and a five-bedroom flat downstairs. All the bedrooms are all of a good size with a few being extra large. Some recent work includes a new roof, painting, electrical and some bathroom upgrades. Always an easy let for the current owner of over 20 years. The off-street parking for several vehicles is the added bonus for the tenants.

Less than a minutes’ walk to the iconic Rob Roy Dairy on the Main Street and two blocks to the Central Library. Already rented for 2021 with an annual income stream of $102,180. Room to increase the rents moving forward.

Investments of this size are always in demand due to the ease of rental and location and in the current market we do not expect this investment will last long.

Contact us for a full information pack and to arrange a viewing!

property details +

Web iD: DO10778
Approximate land area: 606m2
Approximate floor area: 520m2
Rateable value: $850,000
Rates (DCC): $4763.75
Rates (ORC): $355.20

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Agents

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516
After hours: 021 526 366

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520