Smart investors should definitely look at adding this one to add to their portfolio.
Consisting of six bedrooms, 2 bathrooms with wet floor showers and a 3rd toilet/wash room the property is totally suited to meet the needs of tenants with disabilities; where there is proven demand. A generous open-plan kitchen dining living area and a large separate lounge. Fully fenced with an easy-care rear yard and plenty of off street parking. The property has been well maintained by the current owner.
Rented at $587 per week until 31st October 2020, the property has had the same tenancy in place since 2014. With rents well up in Dunedin there is ample upside to review the rent on this property next year. This has been a great investment for the current owner, but a change of situation demands a sale, their loss is your gain. This is an excellent opportunity not to be missed! Call to arrange a time to view.
DCC LIM report available.