- Three student flats in one building (2 bed, 4 bed & 5 bed)
- Returning $1,235 per week on fixed leases for 2014 and 2015
- 9.2% return on asking price

Investors motivated by multi-income streams and easily rented student flats should take note of this property.

The property and location appeals to students due to the close proximity to the university (approximately 10 minutes walk) and the nearby supermarket and shopping amenities. Tenants have the option of different sized flats and off-street car parking to suit their needs and The Woodhaugh Gardens on their doorstep offers a peaceful break from studying, while living in a relaxing, quiet street.

Download the Information Pack at www.colliers.co.nz/otagouni for detailed pictures, full information and floor layout.

Please call the broker, Matt Morton, to arrange a viewing time or discuss the property details further.

Agency reference #: 24287