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Caversham rent price
Dunedin City schools
A16 Richmond Street, Caversham
$230,000+ listed in Aug 2013
House: 2 Bed rooms 2 Bath rooms 1 Car spaces
Land size: 438 sqm | Building size: 130 sqm [Measure]
Agent: Nidd Realty Ltd

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Property Description:
The quality of the property often reflects the quality of the tenants and positioned in a popular and handy location has ensured a long rental history. This rough cast villa was separated into two flats in the 1970s, the front flat is one bedroom with a separate lounge, kitchen/dining area and the bathroom and laundry are combined. There is a fenced private back garden with a shed provided for this flat. The current tenant has resided here for over 5 years and is currently paying $150 per week. The rear flat is also one bed roomed with a separate lounge and the kitchen and dining is combined and is heated with a heat pump. There is also a garage - which has drive through doors at the rear enabling several vehicles to be off the street. The garden is well fenced and very sunny and private. The current tenants will vacate on 23rd August and have been paying $210 per week.
Both of these flats have a solid rental history and have been well maintained ensuring a low vacancy factor.
If needed the current owners are willing to replace the tenants but felt that for marketing purposes having the flat vacant could allow someone to have a couple of options; reside in the rear flat or find new tenants. Or there is the potential to convert back to a family home of 3-4 bedrooms.
Properties like this are seldom available, if you are considering a rental option then you must view this one!
Nearby Schools:
NameTypeDecileDistance
Bathgate Park SchoolPrimary3374 meters
Carisbrook SchoolPrimary2421 meters
Queens High SchoolSecondary5556 meters
Kings High School (Dunedin)Secondary6651 meters
Arthur Street SchoolPrimary83.2 km
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The property data is from the public websites.

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