Prime Opoho with multiple income streams!


20 Warden Street, Opoho

By Negotiation

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Prime Opoho with multiple income streams! | 20 Warden Street, Opoho | 4601164 |      X Close
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Prime Opoho with multiple income streams!


STRICT VIEWING TIMES APPLY: Every now and then something rare and exciting becomes available in Dunedin's red hot real estate market and 20 Warden Streetcertainly fits that bill! Blending the super sought after, and hard to purchase in, Opoho location with two income streams and a very real opportunity to enhance and add some substantial value. We have on offer two flats that are both currently let on fixed terms at $295 each per week ($590 per week, $30,680 gross per year). The front flat is best used, and described as, a 1 bedroom with separate living area but has been used as a 2 bedroom unit in the past. Although this unit is already very comfortable, it would certainly respond very well indeed to some internal refreshing by way of carpets, kitchen and decor. The back flat consists of a good size living area, an upgraded kitchen, modernised bathroom, and 1 bedroom which has recently been relined and insulated in the walls. Other features include a new coloursteel roof and spouting, heatpumps in both flats, gas hot water in the back unit and the ability to create some off street parking. Even with all of this you can also add in the ability to tidy up the windows and paint the exterior to really capitalise on future gains both with regards the rent/return and the overall value. Make no mistake, this is a prime location and one that will get even more serious attention as we creep towards the hospital build with its close proximity to the gardens, the university and the hospital itself. A magnificent long term investment property with growth potential or even live in one and collect income from the other.... the choice could be yours.

20 Warden Street, Opoho

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