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5 Ramsay Street, Dalmore, Dunedin City

Potential to Maximise Returns!

dollar

$499,000

House
House
Bedroom
4
Bathroom
1
Floor area
90m2
Land area
416m2
Garage
1
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Property details

Listing # L33912328 | Listed on 29 April

This 3-to-4-bedroom villa is sitting on a 416m2 section with a spacious open plan kitchen living area, three good-sized bedrooms and one larger, that can be used as a lounge or fourth bedroom. Accompanied with a tidy bathroom, there is a garage and extra off-street car parking, along with a low maintenance section. The house is heated by a heat pump in the hallway.

With good morning sun and a great view out towards the Botanical Gardens in North Dunedin, it is only a short walk to the Gardens Shopping Centre and onto the University.

The tenant of four years has recently vacated, so provides an opportunity to touch up the place and get it ready for higher yield rent rate with the increased student numbers in 2025 and location in the North side of Dunedin. Our rental appraisal for a student group is $660-$700 per week.

There aren't many opportunities to buy properties in this price range and in the student area. Don't miss out this property won't stay on the market for long!

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