Residential
More from realestate.co.nz:
Agents News

487A George Street, Dunedin Central, Dunedin City

Cannot Be Beaten For Location

dollar

Negotiation

Apartment
Apartment
Bedroom
11
Bathroom
5
Floor area
270m2
Land area
407m2
Garage
1
On this page:

Property details

Listing # 6132379 | Listed on 2 December 2024

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.

Your notes
Add notes for your personal reference. This can only be seen by you.

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration