$799,000 - 7.9% (2015)

This three storey imposing property sits looking over George St and North Dunedin capturing expansive views and sun. Once a grand family residence and now a popular student rental there is never a shortage of prospective tenants. Huge interest from students queuing up to rent each year. Currently rented as a nine bedroom flat and already rented at $135 per room ($1215pw) for 2015. Could easily be $140 for 2016. With definite room to increase rents and potential to develop further, this is a great opportunity to purchase an investment with upside. Zoned Res 3, 607m2 . Contact us for further details.

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

Agency reference #: DO8148