4
5
North East Valley
Dunedin
7 / 73 Buccleugh Street, North East Valley
Deadline sale 17/09/2020 at 4 pm
A Solid Investment Opportunity
This modern purpose-built property is the perfect investment whether you are a first-time investor or an astute property mogul. The low maintenance and well-thought-out design ensure you will not have the hassle of regular maintenance issues found with older properties. The property is well located to all amenities, you have the gardens shopping centre within a 2-minute walk and you are within in 10-15 minute walk to the University. This property is sprawled out over three levels, on the entry-level you have the living and entertaining areas. This area also features a well-appointed kitchen, laundry and bathroom. On the upper levels, you have all the bedrooms there are four bedrooms in total. All the bedrooms have ensuite bathrooms which will always make this property popular with a wide range of tenants. The property is currently tenanted with students on a fixed term Lease at $800 per week until 31/12/2020. The property is rented on one tenancy but with the design of the property, it would allow for the new owner to lease as studio rooms next year. Currently, the tenants are paying for the internet and power.
This property is an excellent opportunity for someone looking for a long term and stable investment. I highly urge immediate viewing.