19 Musselburgh Rise, Musselburgh, Dunedin City

Cash flow investment

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19 Musselburgh Rise, Musselburgh, Dunedin City

Cash flow investment

Residential Investments For Sale

$849,000

About

This multi-income stream property may be just the ticket for your retirement income.

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The property consists of the original three-bedroom brick house built in the 1930s, and two self-contained one-bedroom units built in the 1960s. The property offers scope to add value and increase the income going forward. Currently let at $1060 per week, or $55,120pa, with growth expected for 2022. Located only minutes’ walk to Musselburgh Shopping, a popular preschool, the supermarket, cafes, and the Bakers Dozen bakery. Historically its been a popular rental for the more mature tenants, and has had a great rental history and is Healthy Homes Compliant.

Contact us today to arrange your viewing.

property details +

Web iD: DO11089
Approximate land area: 738m2
Approximate floor area: 200m2
Rateable value: $670,000
Rates (DCC): $5,957.77
Rates (ORC): $416.70

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Agents

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

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517