6 & 6A Swansea Street, Middlemarch, Dunedin City

$690,000

VIEWING BY APPOINTMENT

# Bargain 2 4 1 deal for the canny investor

This is unique opportunity to be able to own TWO separate properties located at 6 & 6a Swansea Street for ONE great price. PLUS the bonus of a 2 cell historic lock up gaol.

Imagine, you could live the dream and escape City life and generate extra income at the same time.

On offer being a pretty new build 2023 two bed home along with an additional two bedroom Cottage alongside.

This fabulous option to bring an extended family together or simply live in one and rent the other - Even better to rent them both as rentals are few and far between locally.

Fancy running your own business from home ?

Then you could even decide to reactivate Jailhouse Cottage as the previously successful BNB option with resource consent already in place.

A perfect location ideal for the busy Otago Cycle trail and Rock and Pillar Range.

The offer p being :

Property No 1 ( 120 m2 +/- ) New Build ( 6a )

A fabulous individual designed two bedroom home completed in 2023 and built to a high specification such a a higher stud height of 2.7m plus complete internal fire sprinkler system, large Rika pellet fire, induction hob and wall oven, combination built in steam and microwave oven in the spacious kitchen.

LPG hot water supply.

Relax in the large open plan living area with glorious views out towards Rock and Pillar Range.

Property No 2 ( 115m +/-) Jailhouse Cottage ( no 6 )

The established Jailhouse Cottage benefits with mostly double glazing, new roof and guttering completely rewired + new bathroom and pellet fire to keep the cottage warm and cosy and LPG for hot water supply.

Don’t forget the added bonus of a valuable historic 2 cell gaol.

Total Rates per annum $4401.37

This really is a fantastic affordable purchase for those wanting to retire to the country whilst still having handy income right alongside.

Excellent parking for several vehicles and a single garage.

Only 45 minutes drive from Mosgiel.

# An independent registered valuation available at $780,000

# Multi units - opportunities galore for investors

# Home and Income

Its a bargain and well below vendors build and renovation price so get in now as vacant possession is offered.

Full information and LIM on both properties on request

Middlemarch being a lovely local community to enjoy with facilities such as show grounds with facilities and gym, golf course, swimming pool, bowling club, and minutes walk to Taieri river if you fancy a spot of fishing.

There are currently three cycling companies located in the township to service visitors using the cycle trail.

Request property files here: https://www.totalrealty.co.nz/TRC23998#enquire

Please be aware that this information has been sourced from third parties including Property-Guru, RPNZ, regional councils, and other sources and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines as indicative only.