Welcome to an exceptional investment opportunity in the bustling suburb of Mornington, Dunedin. This property has been meticulously redeveloped into three executive one-bedroom apartments, offering modern living in a prime location.
Layout and Design
The layout of this impressive property includes:
Two Apartments at Street Level: Conveniently situated for easy access.
One Apartment on the Terraced Section: Located underneath, offering additional privacy.
Interior Features
Each apartment is designed with a focus on comfort and style, featuring:
Open Plan Kitchen/Dining/Living Areas: Creating a spacious and inviting atmosphere.
Minimalist Colour Palette: Enhancing the modern and clean aesthetic.
Bespoke Kitchens: Equipped with high-quality fixtures and fittings.
Double Bedrooms with Inbuilt Storage: Providing ample space and convenience.
Well-Appointed Bathrooms: Including a vanity, shower, and toilet.
Quality and Comfort
These apartments are built to the highest standards, ensuring:
Quality Floor Coverings: Durable and stylish flooring throughout.
Efficient Heating: Wall-mounted heat pumps in all apartments.
Double Glazing and Insulation: Fully compliant with Healthy Homes standards.
Outdoor and Views
Enjoy the best of both indoor and outdoor living with:
Dedicated Outdoor Entertaining Areas: Available for two of the three apartments.
Stunning Views: All apartments offer breathtaking views across Dunedin towards the Pacific Ocean.
Investment Opportunity
This property is currently managed and generating a strong rental return of over $1,500.00 per week, making it a fantastic investment opportunity with a healthy 6.5% rental yield.
Due diligence material(s) available upon request.
NB: Some interior photos have been staged using Virtual Imagery for illustrative purposes only.
Viewing By Appointment
