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Matt Morton & Co Limited, (Licensed: REAA 2008)
Matt Morton Matt Morton

2 Royal Terrace, City Centre

Asking price $1,195,000

Listing Description

Listed: Thu, 7 Mar

Four in One Multi-Investment

2 Royal Terrace, City Centre, Dunedin, Otago

Asking price $1,195,000

Details

  •   4 Beds
  •   4 Baths
  •   677m² Land
Other Features
  •   2 Garage parking
AttributeValue
Property type
House
Broadband in the area Fibre, ADSL, VDSL, Wireless

Description

This stunning period property is in fact four flats under the one roof. Each of them unique in their own way, they are all separate spacious 1-bedroom dwellings with comfortable living spaces and modern facilities.

The upper two flats enjoy elevated cityscape views across the CBD and out to the harbour and ocean, while the lower two flats benefit from those period high ceilings that give a sense of space and calm.

The building has been well maintained throughout, with a comprehensive exterior refurbishment completed within the last year. The section provides a pleasant surrounding with flowering blossom trees and wrought iron fencing, and the convenience of two garages is perfect for landlord storage, or a good offering to tenants with vehicles.

The discerning tenants are a mixture of working and student couples, which offers the reassurance of a stable investment that would underpin any property portfolio. Alternatively, this could be the perfect property for your own offspring to use when based in Dunedin, whilst deriving good income from the other three flats.

A full Matt Morton & Co Information Memorandum and additional property documentation including LIM are available on request.

Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.


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Matt Morton & Co Limited, (Licensed: REAA 2008)
Matt Morton

Matt Morton


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Matt Morton

Matt Morton

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