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Central City

4 and 4A Airedale Street, Central City, Dunedin

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936sqm Land area SQM
4 Bedrooms
2 Bathrooms

For Sale by Negotiation

Home and income in central city


Beautifully presented with excellent modernisation this is a rare opportunity to purchase a super tidy and elegant central city property comprising two 2 bedroom apartments. The location is walking distance to the Exchange and CBD yet enjoys a nice northerly outlook adjacent to the town belt. The original weatherboard dwelling (circa 1919) was completely renovated and split into two flats in 1975. The upper apartment (100 sqm approx) has been further tastefully modernised and houses the current owner; comprises the two large bedrooms and an office, quality bathroom including laundry; as well as a large open plan living/dining/kitchen area. This apartment/unit is fully insulated and further warmed by a heat pump. A special feature is a large wrap round veranda and morning patio off the kitchen/dining area. External stairs lead to the lower apartment/unit which is also modern but slightly smaller (80 sqm approx) and has the two bedrooms along with the open plan living/dining/kitchen area and excellent bathroom including laundry. This unit is also heated by a heat pump and has a new engineered sun deck for outdoor living. The 936 sqm (more or less) property has top quality plantings and landscaping for a truly attractive surrounding. An excellent opportunity to purchase this well zoned freehold property and perhaps occupy one apartment with rental income coming in from the other but could also suit extended family situations or indeed total investment use only. Appealing to purchasers $800,000 plus. Comprehensive info pack available.

Virtual Tour for Upstairs: https://my.matterport.com/show/?m=qTkgjMdDfJU
Virtual Tour for Downstairs: https://my.matterport.com/show/?m=rAvutmrrZ69

Miles Rapley

Miles Rapley


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

Features

Heating


Extensive insulation plus two heat pumps

House description


Two 2 bedroom modern flats (one upper and one lower). Original freehold dwelling split into two flats in 1975. Lower flat currently rented fixed term to 5 July 2021 at $350 per wk.

House Size


Upper flat/apartment 100sqm approx lower one 80sqm approx.

Parking


OSP for 3 vehicles off Airedale St.

RV (July 2021) and D


$590,000 rates (multi-unit zoned) $4020.41

Section size


936sqm (more or less)