1 Haddon Place, Dunedin Central, Dunedin City

Inner City investment

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1 Haddon Place, Dunedin Central, Dunedin City

Inner City investment

Residential Investments For Sale

$599,000

About

This tidy four-bedroom flat offers both convenience and investment potential.

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Located in the CBD, just minutes from the hospital and university, it has been easy to rent for the current owners. The flat features four spacious bedrooms at street level, while downstairs you will find the living room equipped with a heat pump, alongside the kitchen and bathroom. The section is compact and easy to care for, making it low-maintenance.

Currently rented for $700 per week until 31st December 2024, the flat is still available for 2025. This offers an opportunity for a new owner to set their own rental rates or possibly use the property for family members attending university or polytechnic. There's also room to increase the rent in 2025. With potential for future development the zoning allows multi-use and/or near unlimited habitable room capacity (subject to DCC consent) - this flat is an attractive option for investors. A rental appraisal is available, and given the property's desirability, it is expected to sell quickly.

property details +

Web iD: DO11916
Approximate land area: 138m2
Approximate floor area: 79m2
Rateable value: $510,000
Rates (DCC): $3251.27
Rates (ORC): $351.00

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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