Two freehold flats - one price


66A and B Manor Place, Central City

Offers/Enquiries Over NZD $439,000

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Two freehold flats - one price | 66A and B Manor Place, Central City | 64423 |      X Close
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Two freehold flats - one price


Ideal for investors or those looking for a home and income option this 1920s property comprises two freehold flats - 66B on the upper level has 2/3 bedrooms and 66A on the lower level has 3 bedrooms. Zoned well for future development (R4) the dwelling with combined floor space of 200sqm (approx.) is on a 506sqm section (approx.). The flats both have long term tenants with 66A rented until 27 December 2018 at $230 per week and 66B rented until 11 January 2019 at $270 per week. There is obviously potential for improvement in the rental return and a rental appraisal is on hand with other supportive documentation. The dwelling is predominantly of brick and roughcast construction and the roof is long run colorsteel. Warmth is provided by heat pumps and there is modern ceiling insulation. Parking is on the street only but the location is ideal for quick access to the CBD and University. GV $360,000 (July 2016) and price guide Enquiries/offers over $439,000.

Miles Rapley

Dunedin

Licensed under the REA Act 2008

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66A and B Manor Place, Central City

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Miles Rapley

Dunedin

Licensed under the REA Act 2008

View profile