If location is the key then don’t miss out on this great property on Royal Terrace sitting ripe for an add-value facelift.

The layout of this house is perfect, with four spacious bedrooms to the front and a large, north-west facing, kitchen/dining/living area opening out to small and very sunny grassed area at the rear. The bedrooms are complimented by an easily accessible refurbished bathroom and a second separate toilet in the middle of the house. Desks, lounge furniture, a heat pump and ventilation system are all included with the property.  

It is an easy stroll down the hill to George Street, the Medical and Dental Schools, Hospital and just a few blocks to University or Octagon.  Another great bonus is the bus stop right outside the door.

Tenants will not only love the convenience of location but also a comfortable open living area to relax in the afternoon sun, which strikes the property throughout the whole year.

However, the real investment opportunity comes with an add-value refurbishment. The great layout is already in place and with a keen eye for detail and design you could easily enhance this space and increase your rental income. Work here may include carpets, internal painting and consideration to a light kitchen upgrade. 

The property is currently vacant but already signed up for 2018 at $500 per week. A refurbishment could be undertaken this year to attract future rental increases.
Four spacious bedrooms
One full bathroom with additional separate toilet
Close proximity to Dental/Medical Schools and Dunedin Hospital
Great sunny living and outdoor area
Rented for 2018 at $500 per week

Full details are disclosed within our Information Memorandum, please go to www.colliers.co.nz/68402 and download from our "Secure Document" button.

Viewings are by appointm