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Description
Built in the 70's, this Central Dunedin property consists of 10 x 1 bedroom apartments currently grossing a modest $2185 per week. Each apartment is over 40m2 and contains a spacious open plan kitchen/living area, good sized bedrooms with built in wardrobes and a bathroom/ laundry. The upstairs units all have their own balconies.
There certainly aren't any issues with the layout of these apartments, they're just getting a bit dated and ready for refurbishment to bring them into the modern era. When you consider that the average rent across the property is less than $220 per week, it's fair to say that any money spent will be money gained.
Proudly marketed by Matt Cutler of Cutlers Real Estate.
