Bordering Halls of Residences and Registry Precinct 114 St David Street offers a unique opportunity to secure a strategically positioned, future proofed investment. Zoned CAMPUS and offering a multi-income stream of $59,748pa from three flats and six car parks.

This substantial 1930s residence has retained many original features.
Some but not all options might include:
- Continued student rentals with clear opportunities for rent increases.
- Tertiary education Land banking to maximize zoning opportunities.
- Commercial offices with or without on site living.
- Private residence plus income stream.
- Investment with town base plus income.
- Conversion back to a desirable residence.
- Large family coming to University requiring sibling separation.

A rare find. The last time for sale was 22 years ago. Viewing is strictly by appointment.

To view other investment options see our website:
www.propertyinvestments.net.nz