This delightful investment property is situated just on the edge of North Dunedin student area containing four bedrooms and a large, comfortable living area. The north facing living area and kitchen soak up the sun and a log burner warms the house on those cooler Dunedin days. Views across the valley from two of the bedrooms and the bush filled outlook make for a pleasant flatting environment. 

The bathroom has been upgraded in past years to be more tenant friendly, with easy clean seratone walls, modern shower and vanity with a separate bath, while the toilet is located separately across the hallway to make the mornings a bit easier for four tenants. The lounge was extended and a bedroom added (consented in 2005) creating a well proportioned house, while the separate single car garage completes the package. 

The exterior weatherboards are generally in good order but are now due for a re-paint over summer and while the kitchen functions well, an upgrade here could increase the value in the property. 

The property is rented for $400 per week this year and testament to the property, three of the tenants are planning to stay on and are finding a fourth flatmate for 2017. 

- Rented for $400 per week returning 7.3% on asking price 
- Large and sunny living space 


Please contact the broker to obtain an Information Memorandum containing additional photos, details & floor layout, or download from www.colliers.co.nz/57242 through the 'Secure Document' button. 

Viewings are by appointment only. 

Visit www.colliers.co.nz/student-investment for more investment options.