


Listing Description
Investment Opportunity in Prime North Dunedin
5 Titan Street, North Dunedin, Dunedin, Otago
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $580,000 |
Parking | 2 open spaces |
Agency reference | DU36248 |
Broadband in the area |
Description
Presenting 5 Titan Street, a solid investment property in the heart of North Dunedin, currently generating a weekly rental income of $700. This 4-bedroom, 1-bathroom student flat is a low-maintenance section, ensuring steady returns with minimal upkeep.
Property Highlights:
- Rental return: $700 per week, offering a robust return on investment.
- Spacious Layout: Four generous bedrooms cater to diverse tenant needs, enhancing occupancy rates.
- Minimal Maintenance: The manageable section size reduces ongoing maintenance costs, appealing to investors seeking hassle-free properties. Strategic Location Benefits:
- Situated in North Dunedin, this property is in proximity to:
- Educational Institutions: Close to the University of Otago and Otago Polytechnic, attracting a consistent student tenant base.
- Amenities: Nearby shopping centers, cafes, and recreational facilities enhance tenant satisfaction and retention.
- Public Transport: Well-connected to public transport routes, offering convenience for commuters.
Given the property's rental income, low maintenance requirements, and prime location, 5 Titan Street stands out as an exceptional investment opportunity in North Dunedin's competitive real estate market.
The sale of 9 Titan Street next door also represents a great opportunity to purchase both properties and sit on them while you draw up plans to develop the site to make full use of the area in the future.
Set viewing times are each Thursday at 12pm. Contact Martin to arrange an appointment.
Open home times
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Agent's details
