Heavenly Accommodation Investment
This prominent North East Valley landmark building sits proudly overlooking the Botanical Gardens. A mixture of 18 self-contained apartments and studio rooms, half of which contain ensuite bathrooms makes this property a heavenly investment opportunity.
A combination of tasteful and contemporary renovations to the upper and lower floors of the old convent seriously appeal, while the middle levels retain the beautiful character features of the original Priory.
All tenants have access to a private gym, sauna and cinema being one of the only offerings of this calibre to tenants in Dunedin.
This exceptional level of accommodation appeals to the most discerning of tenants answering the prayers of many when searching for quality rental options.
• 18 Fixed Term Tenancies
• Fully Renovated Building
• Income of $234,000 pa (approximately)
• Seismic Rating B Grade (74% IEP)
• Cinema, Gym & Sauna Facilities
To access 3D Virtual Tours of each individual level of the property, please contact the broker.
For a full Information Memorandum and additional property documentation, please go to www.colliers.co.nz/201086 and download from our "Secure Document" button to the right.
Viewings are by appointment only with the Broker.
Other investment options at www.colliers.co.nz/student-investment