Description
The building is situated right in the heart of the city and is well maintained by a very organised body corporate.
The vendor has had the pleasure of owning this apartment for over 20 years with minimal hassle.
Currently rented at $800 per week until February 2025, this warm, spacious, 156m2 top floor, inner city apartment is spread across two levels. It features a well-lit, open-plan kitchen / living area, 4 spacious bedrooms with built-in wardrobes, one bathroom plus a 2nd toilet.
Recently signed for 2025 with new tenants at $840 per week on a 52-week tenancy through to early February 2026, which translates to a gross rental yield of 6.7%.
This apartment works as a great long-term investment, an easy, affordable low maintenance option if you have kids studying in Dunedin or a potential project to modernize and exponentially increase the value.
Link to 3D Walkthrough below:
https://my.matterport.com/show/?m=qY3BjNpZUdi
