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Kew

27 Murray Street, Kew, Dunedin

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765sqm Land area SQM
4 Bedrooms
2 Lounges
3 Bathrooms
1 Parking

For Sale by Negotiation

House plus studio equals opportunity!


Sold by Steven Field.

With more sunshine and better views than you could ever wish for, this 3-bedroom 1950s brick and roughcast house with large separate studio unit opens up new and exciting possibilities for you.

•Home and income: At $300 - $375 per week the income from the studio can be of benefit in two ways. Passive income: give your savings goals a boost or relax the strain on personal finances. Buy better: the bank should factor this into your loan servicing allowing you to increase your budget.
•Multi Unit Investment. Two rentable units puts the gross rental return at $47,000 per annum: potentially great yields on offer here!
•Home and business: the studio is the ideal home clinic, office, or business space; why rent premises when you can do it all from home?
•Home for Extended Families. This is the solution for multi-generational families needing some separation of living, whether you live together full-time or just for extended stays.

Lets take a look at the features:
Main house: Built of permanent materials. Open plan living with dining area, lounge conservatory, stylish new kitchen. Two heat pumps and woodburner on wet-back. Master bedroom with ensuite. Large north facing deck with magnificent harbour views. Ceiling insulation. New floor coverings. Repainted. Upgraded wiring. High speed internet.
Studio: Large open space with kitchenette, laundry, bedroom and lounge. Separate bathroom. Insulation in some walls. Courtyard. External access. Gas heated hot water. Heat pump. Separately wired and on a check meter.

There is off street parking for two vehicles and below the house is a fenced and sun-drenched garden featuring a covered gazebo barbecue area, and there are aluminium two garden sheds.

Murray street is sought after and a nice neighbourhood, handy to the city centre but also the beach and motorway and of course the Caversham and South Dunedin schools and commercial centres.

Info pack available including rental appraisals, healthy homes assessment, and LIM.

Steven Field

Steven Field


Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Bedrooms & bathrooms


Main house has 3 bedrooms, family bathroom and master with ensuite. The studio is an open plan bedroom with kitchenette and separate bathroom.

Sun and Views


The northern aspect affords the property all day sun while the elevation provides breathtaking views down the Otago Harbour.

Two Dwellings


A 1950s brick and roughcast house with large separate studio unit with it's own access and electrical circuit below.