487A George Street, City Centre, Dunedin, Otago

Discover a premier investment property that offers an impressive combination of modern living and strong rental returns in a prime central location. Redeveloped into a highly functional and desirable living space, this property features:

2 x Two-Bedroom Apartments | 1 x Self-Contained Studio Apartment | 6 x Bedroom Shared Living Space

2 x Two-Bedroom Apartments - Overlooking the lively and recently revitalised George Street | Modern kitchens, separate lounges, and updated bathrooms with laundry facilities | Spacious bedrooms with bespoke workstations and storage solutions.

Self-Contained Studio Apartment - Positioned at the rear of the property for privacy | Includes an ensuite and kitchenette for convenient, independent living.

6 x Bedroom Shared Living Space - Generous bedrooms with bespoke workstation and storage solutions | Select rooms with private access to a glass conservatory overlooking George Street | Modern communal kitchen/dining area and two well-appointed bathrooms.

Additional Features - Highly sought-after single garage/parking space on George Street | Shared and private conservatories for relaxation or entertaining.

Interior Highlights - Open-plan kitchen, dining, and living areas in the shared living space | Double-glazed windows throughout most of the property | Fully compliant with Healthy Homes standards | An extensive list of chattels included.

Investment Potential - Current Rental Return: Over $135,000 per annum.

Add Value Opportunity - Lease the street-level garage for additional revenue | Remodel the shared living area to create additional rentable bedrooms.

Due diligence material(s) available upon request and viewings by appointment.