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CENTRAL CITY STUDIO ROOMS 7.3% NETT RETURN

317 Rattray Street, Dunedin Central 9012

$1,395,000
18168367 - For Sale
CENTRAL CITY STUDIO ROOMS 7.3% NETT RETURN
Beds: 10 Baths: 4

Two fully restored double glazed and insulated central city villas offering high level rental accommodation. Both properties have 5 bedrooms, 2 bathrooms and come with top quality furnishings. All rooms leased for 2018 With a projected nett income of $101,870 ($118,040 gross) for 2018. The vendor is very reasonable with their expectations offering a sale price at 7.3% nett (8.4% gross). Along with a quality fit out, both houses have been re-wired and re-plumbed while the plumbing and sewerage have been separated to allow for future subdividing.

Proudly marketed by Matt Cutler of Cutlers

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Matt Cutler Matt Cutler (Sales)

027 310 0529