Residential, Commercial And Business Property

Property

Educational Epicentre - 500m from Otago Uni

By Negotiation

829B Cumberland Street, Dunedin Central

For Sale
Property Type: Unit
3 Beds 1 Bath 377 Square metres 2 car spaces

Description

This property is ideal for any parent looking to house their university-aged children in future years or a savvy investor. Its proximity to Otago University and surrounding eateries makes it a prime location for student living, providing unrivaled tenant convenience and an exceptional blue-chip investment opportunity. Discover the perfect blend of historic charm and modern convenience. Built-in 1975, this unique property replicates a period English character cottage, offering a cosy and charming atmosphere with today's creature comforts. Three Spacious Bedrooms: One bedroom is conveniently located on the ground floor, with two additional bedrooms upstairs. All are of substantial size, featuring great storage. The two upstairs bedrooms have classic dormer windows, adding a touch of historic elegance and creating the perfect study space. Modernised Amenities: Enjoy the comfort of updated bathroom and kitchen facilities, designed to a high standard for ease of living. Open-Plan Living: The kitchen/living area is heated by a floor-mounted heat pump, ensuring warmth and comfort throughout the year. French doors open from the lounge to an easy-care patio, perfect for relaxing or entertaining. Off this area, you will find a large separate laundry room, adding convenience to your daily routine. Fully Furnished: The property comes fully furnished with an extensive chattel list, making it move-in ready. Currently tenanted on a fixed-term tenancy until 31-12-2024, ensuring immediate rental income. Parking: Includes two car parks, a rarity in this location, which are separately leased for additional income. LIM report available upon request.

Location

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