99 Clyde Street, Dunedin North, Dunedin City

Astute central campus investment

11
14
OSP

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11
14
OSP

99 Clyde Street, Dunedin North, Dunedin City

Astute central campus investment

University Investments For Sale

$1,900,000

About

Eleven superbly located studio rooms providing a combination of two, 4 bedroom units and a 3 bedroom unit all on one title.

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Recently built, these units have good communal areas and all bedrooms have ensuites. With a total rental income for 2017 of $155,480 and landlord costs of approximately $30,725, producing a net income of $124,755 per annum. The property is well chatteled providing a higher standard of accommodation to discerning students. Parking is provided at the front of the property and the University, Hospital, City shops and cafes are all only a short walk away. This is astute investing providing a low maintenance investment moving forward.

Contact us for a full information pack. Viewings are by appointment.

property details +

Web iD: DO9367
Approximate land area: 506m2
Approximate floor area: 424m2
Rateable value: $1,750,000
Rates (DCC): $7959.27
Rates (ORC): $527.62

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Agents

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366
Direct dial: 03 470 2516

Jim Columb

Jim Columb

Property Consultant

Mobile: 0274 327 486
Direct dial: 03 470 2512