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558 Great King Street, North Dunedin, 19 rūma, 3 rūma horoi, House

Whakawhitiwhiti utu

558 Great King Street, North Dunedin

19
3
315m2
768m2
HouseWā rārangi 08-19 00:00

North Dunedin 19Moenga Inner City Investment or Development Opportunity

Located just a 2-minute walk from the university and 10 minutes from the city centre, this exceptional 767 m² inner-city residential property offers a rare opportunity for astute investors and developers.

Currently featuring a 19-bedroom boarding house with a strong rental history, the property provides a substantial income stream. This makes it ideal for investors seeking solid cash flow while planning future development. With a high demand for student accommodation, this property guarantees high occupancy rates, ensuring continuous rental income.

The property is zoned for development of up to 45 m² per habitable room, presenting significant potential to transform the site into a high-density residential project. Whether you envision modern apartments or a new boarding facility, the possibilities are vast, given the prime location and generous land size.

For developers, this is a golden opportunity to capitalize on the proximity to both the university and the city centre, areas known for their strong rental demand and capital growth. The existing structure allows you to generate revenue as you work through the consent process, minimizing holding costs and maximizing returns.

Alternatively, if you’re an investor looking to secure a property with long-term rental appeal, this boarding house offers excellent returns with the added benefit of future development potential.

Don’t miss this chance to secure a premium inner-city location with immediate income and long-term growth prospects. Contact us today to learn more or to arrange a viewing.

The property will be sold plus GST (if any).

TO DOWNLOAD THE PROPERTY PACK, GO TO: https://www.bradleylee.co.nz/current-listings/558-great-king-street-north

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Raraunga Kāwanatanga

Papa wahoYes
TirohangaNo appreciable view
AhuLevel
Rohe whenua767m²
Rohe papa315m²
Tau hanga1910
Nama taitara1121706
Momo taitaraFreehold
Whakamārama tureLOT 1 DP 566684
KauniheraDunedin
Whakamārama manaFSIM,1/1,LOT 1 DEPOSITED PLAN 566684,768m2
Whakatakotoranga hangaExternal Walls: Wood
Roof: Iron
Tūnga hangaExternal Walls: Average
Roof: Average

Mōhiohio Kura

Ingoa
Tawhiti
Momo
Kōeke
Āhuatanga
Ira Tangata
Score
Decile
George Street Normal School
0.45 km
Kura Tuatahi
1-6
Kura Kāwanatanga
Kura Hātepe
EQI: 400
9
St Hildas Collegiate
0.82 km
Kura Tuarua
7-15
Kura Kāwanatanga
Kura Kōtiro
EQI: 382
10
Dunedin North Intermediate
1.29 km
Kura Tuarua
7-8
Kura Kāwanatanga
Kura Hātepe
EQI: 440
7
John McGlashan College
1.29 km
Kura Tuarua
7-15
Kura Kāwanatanga
Kura Tāne
EQI: 386
10
Logan Park High School
1.34 km
Kura Tuarua
9-15
Kura Kāwanatanga
Kura Hātepe
EQI: 435
7
Columba College
1.36 km
Kura Whakauru
1-13
Kura Kāwanatanga
Kura Hātepe
EQI: 390
10
Liberton Christian School
1.65 km
Kura Tuatahi
1-8
Kura Kāwanatanga
Kura Hātepe
EQI: 391
7
Trinity Catholic College
1.73 km
Kura Tuarua
7-15
Kura Kāwanatanga
Kura Hātepe
EQI: 429
8
Otago Girls' High School
1.74 km
Kura Tuarua
9-15
Kura Kāwanatanga
Kura Kōtiro
EQI: 434
8
Dunedin Rudolf Steiner School
4.22 km
Kura Tuatahi
1-8
Kura Kāwanatanga
Kura Hātepe
EQI: 420
9

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Whakamahere Taone:-
Rohe Whenua:768m²
Momo Tiwhikete Whenua:Freehold

Great King Street Poraka me nga raraunga a tawhio noa

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Waehere Whare:eagle_1464381Wā Whakahou Mutunga:2024-08-20 21:32:22