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Seldom available, this is fantastic opportunity to expand your investment portfolio. This property comprises of 4 separate flats, all on their own title, providing privacy and easy living for the tenants.
Currently tenanted and returning $860 per week, there is significant scope to increase the rental returns in 2024.
The tenants have access to shared laundry facilities, and their own designated carpark.
The property is Healthy Homes Compliant, with regular maintenance by the owners. There is development opportunity here for a renovation, or some simple cosmetic upgrades.
The location is so convenient, one of the reasons the tenants enjoy living here. The school, supermarket, bakery, cafés, and other amenities of South Dunedin are all within walking distance. The hub of Saint Clair Beach is only 1.2km around the road and a short ~4.5km to the CBD
Put your money to work and build your wealth!
LIM report and floor plan available.