317 High Street, Dunedin Central, Dunedin City

Grand inner city multi unit investment

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317 High Street, Dunedin Central, Dunedin City

Grand inner city multi unit investment

Residential Investments For Sale

Deadline Sale

Closing 12noon Thursday 12th August 2021, at our Dunedin office (prior unconditional offers considered)

About

Situated in a great inner-city location – close to public transport, with the exchange at the bottom of the street and Mornington village up the hill – this grand home has been split into three apartments providing the opportunity to have either a home-and-income arrangement, or a pure investment.

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Configured with two one bedroom apartments at the rear of the property (both rented) and a four-bedroom apartment on the street frontage which is currently used as short-term accommodation.

The four bedroom home is on two levels and has been significantly renovated. The downstairs offers kitchen, dining/living space, toilet, shower and laundry, and a garage space that has been converted for storage. Up the beautiful kauri staircase there are three double bedrooms and a large second living space – which could also be a fourth bedroom – a second bathroom, and sunny balcony with great city and harbour views. Has been rented as short-term accommodation for $250 a night, and as a fixed term investment it would rent for approximately $650 a week.

The rear upstairs one bedroom apartment has a sunny, light and airy open plan kitchen and living with stunning views of harbour and ocean, bathroom and double bedroom. Rented at $350 a week until November 2021. The rear downstairs one-bedroom apartment includes kitchen with separate living, an upgraded bathroom and double bedroom. Rented at $350 a week until January 2022.

All units are healthy home compliant with a good rental history. Secure this beautiful property today, enquire for further information.

property details +

Web iD: DO11003
Approximate land area: 259m2
Approximate floor area: 260m2
Rateable value: $650,000
Rates (DCC): $5,895.95

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Agents

James Columb

James Columb

Property Consultant

Mobile: 0274 761 007
Direct dial: 03 470 2531

Amy Columb

Amy Columb

Property Consultant

Mobile: 027 694 6006
Direct dial: 03 470 2552