Dunedin Central - Solid Investment!

Description

Looking for an inner-city investment with options? Look no further!

Currently generating approximately $46,880pa (after some landlord costs), this could be a good addition to your portfolio. Its handy location makes it attractive to a variety of tenants, or it could be the future home for your large or extended family.

The house is split into a self-contained 1-bedroom apartment with kitchenette/living area and ensuite bathroom. There are a further 3 bedrooms and updated bathroom, large lounge flowing through to the updated kitchen. Out the back is also a self-contained sleepout with a kitchenette and bathroom. There is also potential to create another bedroom within the house providing further rental income.

The current owners have recently undertaken maintenance and renovations including an electrical rewire, painting exterior and interior, and some new floor coverings. The property also has a double garage that could be used as tenant parking, storage or could be rented out as parking providing extra income.