8 Heriot Row, Dunedin Central, Dunedin City

Potential for renovation and growth

8
2
OSP
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8
2
OSP

8 Heriot Row, Dunedin Central, Dunedin City

Potential for renovation and growth

Residential Investments For Sale

Enquiries over $790,000

About

Looking for a unique investment opportunity in the heart of the city? This residence is awaiting your personal touch, offering multiple options for customization and transformation to suit your investment needs.

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This large, distinguished brick property has in previous years been an eight-bedroom boarding house but is currently being advertised as a five-bedroom studio flat at $220 per week per room. Two out of the five bedrooms are currently rented. Your options are aplenty, turn it back into a boarding house or rent it out on one tenancy. The site allows up to 13 bedrooms subject to council consent making it an exciting prospect for those with a vision for expansion.

The property consists of one kitchen and four kitchenettes, two full bathrooms and a third toilet. Four bedrooms on the ground level and another four bedrooms upstairs with lovely views over the city. A separate laundry area is attached at the rear of the property along with lockable storage rooms. There is a basement room with external access and ample space for storage or creative utilization based on your unique preferences.

Some windows have been replaced with UPCV frames while both bathrooms have been renovated. The property offers off-street parking for three cars. Positioned just a few minutes’ walk into the city centre and close to the university it opens up opportunities for different types of tenants.

This is your chance to invest in a prime central location with multiple options available is seldom. Get in touch with us today for your viewing and information pack.

To view our other listings please go to: www.propertyinvestments.net.nz

property details +

Web iD: DO11777
Approximate land area: 585m2
Approximate floor area: 285m2
Rateable value: $1,100,000
Rates (DCC): $4,240.20
Rates (ORC): $636.11

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Agents

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

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366