A very real opportunity to acquire a true blue "cash cow" in the increasing popular city rise area of Dunedin. Two flats (1 x 1 bedroom, 1 x 2 bedroom) returning $460 per week between them and both fully let. At $23,920 per annum this represents a very generous 9% gross return on the asking price and there is still some upside to be had with some cosmetic enhancements. Grab a slice of history with this 1890's solid brick and block investment and sit back while it pays itself off with its positive cashflow. Investment properties are not often available at a return of this level so do not delay, phone or email me for further details.