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Ready to add value, student property64384611172738110
Ready to add value, student property64384611172738111
Ready to add value, student property64384611172738112
Ready to add value, student property64384611172738113
Ready to add value, student property64384611172738114
20
NZ$795,000
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Ready to add value, student property

6 beds·1 bath·200.0 sqft
address33 Duke Street, Dunedin North, Dunedin 9016, New Zealand

Description

This north-facing student property located on the fringe of campus presents a secure investment with scope to strengthen returns and long-term value. The property currently offers six bedrooms and one bathroom, with clear potential to further enhance functionality by adding a second bathroom. This smart upgrade would ease day-to-day living for tenants and lift rental appeal. With light cosmetic improvements and general tidying, there's an opportunity to elevate presentation and attract premium rental income in the years ahead. An easy, flat ten-minute walk to the University, with New World supermarket just two blocks north and the Marsh Study Centre two blocks east. Returning $1,140 per week with a fixed tenancy in place until 31st December 2026, this property offers a secure and consistent income stream. For investors looking to scale their portfolio, the adjoining property at 35 Duke Street is also available for purchase.

Source:  trademe View original post

Location
33 Duke Street, Dunedin North, Dunedin 9016, New Zealand
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trademe

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