125 Rosebank Avenue, Wakari, Dunedin City

Multi-unit investment with potential

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125 Rosebank Avenue, Wakari, Dunedin City

Multi-unit investment with potential

Residential Investments For Sale

By Negotiation

About

This 1960s property offers an excellent opportunity for investors seeking multiple income streams. The property consists of 3 x two-bedroom units plus a standalone 1-bedroom unit at the rear of the property.

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All three units provide comfortable living on the main level with an open plan kitchen and living room (heat pump), laundry and separate toilet. Upstairs has two good size bedrooms and the main bathroom with shower and vanity. The rear unit is partially renovated, offering additional rental income upon completion. The total income across the three units is $1125 per week, but with some enhancements you could see an increase in the rent. There are three basement garages plus further street parking.

This opportunity is ideal for those looking to invest in a property with existing rental income and growth through renovations and upgrades. The combination of multiple units, ample parking, and proximity to town and public transportation makes it a desirable investment.

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

property details +

Web iD: DO11883
Approximate land area: 610m2
Approximate floor area: 230m2
Rateable value: $965,000
Rates (DCC): $8146.59
Rates (ORC): $557.35

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Agents

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366