Real Estate Australia

Cornerstone Add-Value Investment
$725,000

Property Location: 141 Dundas Street North Dunedin - Dunedin City - OTAGO

Listing Id: 20475158  

Details

Bedrooms: 6    Bathrooms: 2

Description: While your money is worth less in the bank right now, this 6.25% investment might just be the best option to gain maximum returns as you lock in historically low interest rates. The Vendors recognize there are some improvements to be made to the property and have priced accordingly, allowing you to purchase, improve and make further gains yourself. The property is renting this year at $810 per week, and a new fixed term tenancy is already in place to take over immediately at the end of the year at $870 per week locked in for all of 2021. The rent could subsequently be improved with some light improvements to the property. Enquire now to discuss what you can make of this property before it is snapped up in this tightly held student market. • Great location to attract both university and polytechnic students • Add-value gains to be made • Rented all the way through to the end of 2021 To view a 3D Virtual Tour of the property, click here: https://bit.ly/2ZkDR4e A full Colliers Information Memorandum and additional property documentation including LIM is available on request. Viewings are by private appointment only with our Brokers. Other investment options at www.colliersotago.co.nz

Cornerstone Add-Value Investment
$725,000

Contact Colliers Queenstown Today!!!

Contact Matt Morton
Phone 021 577 800

Contact Andy Connelly
Phone 021 730 372

Property ID:20475158

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