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North Dunedin

667D Great King Street, North Dunedin, Dunedin

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6 Bedrooms
2 Bathrooms
1 Offstreet

Overseas investor wants sold!


Contact agent to arrange viewing.

Seize the chance to invest in a prime student property, set in a highly sought-after location, just moments away from Dunedin's Otago University.

This purpose-built, sunlit student flat spans three levels and offers six spacious double bedrooms complete with built-in wardrobes and desks. Two shower rooms and two separate toilets ensure daily convenience and flexibility for occupants. The ground level features a functional kitchen seamlessly flowing into dining/living spaces. With two heat pumps and a night store, the flat is able to be well heated throughout the year. There is a laundry on the ground floor and plenty of storage throughout.

The property comes partially furnished (refer information pack for chattels list) and includes one off-street parking space. In the common areas, there is a bike shed, washing line, and sunny flat lawn directly outside this flat - an extra touch of appeal.

Positioned a mere 500 metres from Otago University campus and one kilometre from Otago Polytechnic and Gardens New World. Other essential amenities like McDonald's, KFC, and other fast-food options are right on your doorstep.

The property's outstanding track record speaks for itself, currently tenanted on a fixed term tenancy until 31st December 2023, at $960.00 per week, and has been tenanted without vacancy since the vendor purchased the property in 2016.

For your convenience, a LIM report (including floor plan), current healthy homes certificate and info pack are available on request.

Secure a great income stream, capitalise on a strategic location, and tap into the thriving student rental market - contact us today for more information or to make an appointment.

Price Indication NZ$679,000
Nick Berryman

Nick Berryman


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

Features

Income


Currently tenanted on a fixed term tenancy until December 31st, 2023, at $960 per week

Location


Positioned a mere 500m from Otago University campus and 1km from Otago Polytechnic, Dunedin Botanic Gardens, Gardens New World. An excellent selection of fast-food options right on your doorstep!

North-facing


The north facing design of this unit ensures excellent sunshine into the bedrooms, living area and kitchen.

Parking


A designated off street park is assigned to this unit.