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Dual Dwelling Investment in a Prime Location

Nidd Realty Ltd MREINZ, (Licensed: REAA 2008)

Listed 11 Aug

17 Hope Street, City Centre, Dunedin, Otago

Asking price $609,000

Bed4
Bath2
Floor area180m²

Details

4 bedrooms
2 bathrooms
House
Property interior
Property interior

Dual Dwelling Investment in a Prime Location

Centrally located, this colourful heritage building is often admired and presents an outstanding investment opportunity. Comprising one apartment upstairs and one downstairs, the property enjoys an excellent rental history and is popular with working professionals. It's easy to see why, with the CBD just a five-minute walk away.

A prime investment opportunity, the property comes complete with a building report, electrical report, rental history and LIM report, all available on request.

Returning a combined rental income of $880 per week, this is an attractive proposition for investors seeking immediate income and long-term potential.

17 Hope Street

  • Rental income: $450 per week, fixed until 4/5/2027
  • On the lower level, you're welcomed by a wide central hallway.
  • Both bedrooms are generous doubles.
  • The bathroom is tidy and functional.
  • Positioned at the rear of the home, the generously sized lounge flows through to the kitchen, which is functional and offers plenty of storage.

17A Hope Street

  • Rental income: $430 per week, fixed until 23/12/2026
  • Accessed via the rear courtyard, the upper apartment offers a private and welcoming setting.
  • The open-plan kitchen and living area is positioned at the rear, enjoying lovely natural light throughout the day.
  • There are two generous double bedrooms.
  • The bathroom is conveniently located off the central hallway.

The location is exceptional, with some of the area's best cafés, bars and restaurants just a few minutes' walk away. If you're looking to secure a quality income-producing property in a sought-after central location, this is an opportunity not to be missed.

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17 Hope Street has been viewed 4,376 times since it was first listed on 11 August. There are 102 people keeping an eye on it.

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Location info

17 Hope Street, City Centre, Dunedin, Otago

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