Property main details

14
4
6

Home For Sale

  • Sold For $1,125,000
  • House

Specifications

  • Property Type
    House
  • Land
    7021 m2

No Butts About It ........

Opportunities such as this in the University Campus area are becoming an increasingly rare find. Superbly located opposite the Caledonian Sports Venue, the nearby Cricket Oval, hockey and football grounds and the Stadium. Within walking distance of the Otago Polytech, Otago University, Dunedin Hospital and the Dental School. The West facing position allows for wonderful afternoon sun.

The property has been extensively upgraded, is in tidy condition throughout and has had a 100% occupancy rate over the past 5 years.

Comprising four high performing independent student flats with a total of 14 bedrooms, sited on 3906 sqm (+/-) of land
Flat 1 - 3 bedrooms, $390 pwk, Flat 2 - 5 bedrooms, $575 pwk,
Flat 3 - 4 bedrooms, $500 pwk Flat 4 - 2 bedrooms, $300 pwk.
Total Rental income of $1,765 pwk and $91,780 p.a.

If you would like to receive further information, please email us now.

Chattels

  • Dishwasher
  • Drapes
  • Extractor Fan
  • Floor Covers
  • Garden Shed
  • Light Fittings
  • Rangehood
  • Stove

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

50 Butts Road Lot 1 North Dunedin, Otago
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