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House

59a Melbourne Street South Dunedin, Dunedin City 9012

Sold on 5 Oct 2016
  • 4 Beds
  • 2 Baths
  • 2 Cars
Agents

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House in South Dunedin

DOUBLE OPPORTUNITY - TWO x 2 BEDROOM UNITS

  • 4 Beds
  • 2 Baths
  • 2 Cars

Maths was never this easy! This multiple choice property offers:-
a) Buy one to live in -
b) Buy one to live in and buy one to rent out -
c) Buy both as investments.

Flat A is returning $260 per week.
Flat B is returning $250 per week.
Both tenants are on a periodic lease and are keen to stay on. A current Rental Appraisal of $260 - $280 per week per unit shows there is potential to increase the return.
Built in the 1970's, both Flats have:- 2 double bedrooms with built-in wardrobes, are heated by heat pump, ceiling insulation, a separate bathroom and toilet.
Flat A has a single closed-in carport (with power) while Flat B has a carport.
The Vendors have requested that both units are sold, whether individually or to the same buyer.

Features:
  • Electric Hot Water
  • Heat Pump
  • Openplan Kitchen
  • Open-Plan Dining
  • Separate Bathrooms
  • Separate WCs
  • Combined Lounge/Dining
  • Electric Stove
  • Insulation: Ceiling
  • Joinery: Aluminium
  • Very Good Interior Condition
  • Single Garage
  • Carport
  • Concrete Base
  • Partially Fenced
  • Iron Roof
  • Brick Exterior
  • Roughcast Exterior
  • Very Good Exterior Condition
  • Decking
  • Single Storey
  • Urban Views
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Level With Road
  • Public Transport Nearby
  • Shops Nearby

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Chattels:
  • Blinds
  • Curtains
  • Drapes
  • F/Floor Cover
  • Garden Shed
  • Heated Towel Rail
  • Light Fittings
  • Stove
  • Fan In Bathroom
  • Bathroom Heater

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Parking:

2 garage spaces and 1 carport space

Bedrooms:

4

Bathrooms:

2

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