305 High Street, Central City, Dunedin

Two flats for one price!

This is a wonderful opportunity to purchase a character double brick single storey 190sqm (approx.) villa (1903) which in 1934 was divided into a one bedroom flat (90sqm approx.) and a two bedroom flat (100sqm approx.). The always popular location is part of the High Street Heritage precinct and is currently zoned Residential 4 so the property will be popular given its versatility, character, construction, original features and handy sunny location. Both flats are very tidy and have a large lounge with bay windows at the front, functional kitchens and bathrooms and are heated by heat pumps. The two bedroom flat has a small chip burner on wet back in the kitchen and there is gas cooking in the single bedroom flat and both flats have dishwashers. An outbuilding beside the two bedroom flat would make an ideal studio and there is the bonus of an off-street park which could be extended to allow two vehicles in tandem to park. Currently the two bedroom flat is vacant and the one bedroom flat has a periodic tenancy in place but also on hand is a current rental appraisal for the total package. The choices are there for any fortunate new owner - rent each as they are, modernise each flat, live in one, rent out the other, Airbnb, or convert back to one grand home. A current LIM and rental appraisal is available.