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Otago - Address withheld

Savvy investors look here!

dollar

$1,600,000

Unit
Unit
Bedroom
10
Bathroom
6
Floor area
350m2
Land area
842m2
Title type
Freehold
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Property details

Listing # DNU235510 | Listed on 9 September

A fantastic opportunity to secure a purpose-built block of six apartments offering a solid and diversified rental investment with an impressive annual income of $105,560.

Built in 1975, this well-established property comprises:

  • 4 x 2 bedroom apartments
  • 2 x 1 bedroom apartments
  • Heat pumps and heat transfer systems
  • Laundry facilities incorporated within the bathrooms
  • Four off-street carparks
  • Low-maintenance

Opportunities to secure an entire unit block with this level of flexibility and upside are rare. Whether you are looking to add an immediate cash-flowing asset to your portfolio, a strong potential to increase returns or hold for long term growth, this property delivers on all fronts.

Early viewing is highly recommended. Contact me today to arrange your viewing time.

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Additional features

Roofing: Colorsteel
Exterior Joinery: Aluminium
Internal Features: Heat Pump, Ventilation (HRV/DVS)
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