When you are looking for an investment property, you typically look for a couple of key factors, and one of those is LOCATION. Within walking distance to George St, The Octagon, Forsyth Barr stadium, our hospital and only 900m from the University, this property is a smart proposition especially with it being this close to everything for your tenants.

6 Heriot Row sits over looking the Dunedin CBD, on a well maintained 1196m2 mature section. This unique property provides superior accommodation compromises of 16 generous sized bedrooms over 2 flats. This main house - 6 Heriot Row has many character features, including an ornate staircase to the second floor, 10 bedrooms, of which there are 7 studio rooms and 3 standard rooms, bathroom and shower room, communal kitchen, separate laundry as well as the plant room with diesel boiler which provides the heating throughout both flats in the winter months. The addition of 6A Heriot Row in 2003, features another 6 large studio rooms, a communal kitchen with laundry cupboard.

As you can see this property is in an immaculate condition and is well managed by the local independent property managers who have managed the property for the last 10 years, they are responsible for the everyday running, maintenance, cleaning and gardening of this superb investment.

The second key factor that investors look for is return on investment or ROI; 6 Heriot Row is returning approximately 11% gross ROI (less Landlord costs). Currently fully rented with a gross weekly income of $3,977.00 for 2017 and is well on track for 100% occupancy for 2018 with many of the current tenants signing on for another year.

So if you are a property investor its time to get excited as established properties with a strong rental history and a following within the student community like this one don't become available often. Act Now! You will not be disappoi