19 Cargill Street, Dunedin Central, Dunedin City

Blue chip location!

13
7
2
OSP

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13
7
2
OSP

19 Cargill Street, Dunedin Central, Dunedin City

Blue chip location!

Residential Investments For Sale

$1,895,000

About

You will be impressed with this block of flats within a few minutes' walk to the City Centre.

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These flats have been a great low maintenance investment for the current owner for 15 years.

The property consists of six, two-bedroom flats on the upper two levels, along with a one-bedroom flat with a utility room/office, garaging on the ground level along with owners storage area, providing a combined rental income of $2,170 per week.

There are also five carparks on site at the rear of the building. This is a low maintenance investment and provides the new owner the opportunity to complete further improvements moving forward with some cosmetic upgrades and increase the rents, providing an investor with a long term, multiple income stream investment. This superb location has meant low tenant turnover with consistency of rents.

Contact us for a full information pack along with a registered market valuation.

property details +

Web iD: DO10945
Approximate land area: 410m2
Approximate floor area: 530m2
Rateable value: $1,520,000
Rates (DCC): $12513.28
Rates (ORC): $589.55

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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