Lincoln Darling Real Estate
PROPERTY GALLERY
   PROPERTY DESCRIPTION
2 Flats fully renovated in 2010 including double glazing, insulation, new wiring (incl internet) and plumbing, power saving features installed throughout - future proofed.
The kitchens and bathrooms and all fittings are as new and chic, the property offers all the mod cons required.
Tenants in the past have comprised professionals, international and senior students and suchlike.
Tenanted for 2018 with professionals and senior students as 2 superior furnished flats at $500 pw per flat giving an income of $52,000 pa.
An extremely full complement of chattels - a very high quality inventory.
2 separate levels with 4 rooms on both floors, kitchen and bathrooms on each floor.
Central city location close to all major retailers and services within the CBD.
Walking distance to university, med school, and hospital.
This is a superior investment opportunity with inbuilt quality and a great CBD location ensuring easy letting.
While this property is currently let as 2 flats it was renovated as studio rooms with check meters on each room for electricity As studio rooms in 2014 it was let at a gross rental of $92092 pa with the owners at the time managing the property themselves.
This property works well as 2 flats but everything is there to reinstate back to studio rooms with a huge upside in rents for 2019 on.
Rateable Value $875,000
Last sold for $863,000 in late 2013
A bargain in this market with a genuine reason for selling at neg over $750,000  
   PROPERTY DETAILS
6
2
STATUS
For Sale
PRICE
Negotiable over $750,000
ADDRESS
267 High Street
SUBURB
DUNEDIN CENTRAL
PROPERTY ID
3252333
 
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Bawden Curson Sales Consultant
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