Otago Properties For Sale

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310 High Street

Otago
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310 High Street Otago
proudly marketed by
Matt Morton
Matt Morton & Co Limited
Impeccable Dual Investment
These two four-bedroom apartments on one title are one of the best presented investment properties you will find on the market. The owners have been highly attentive and diligent in every maintenance aspect of this property, and the next discerning investor will cherish this asset within their portfolio. The tenants attracted to this property are a mixture of workers and sometimes senior students, whom rent rooms individually on fixed term tenancies. The rooms are all double glazed, heated and furnished with good quality chattels. Electricity and cleaning are supplied within the rent. The internet is a separate charge if the tenants wish to be connected. Some rooms have ensuite bathrooms, and others have either private bathrooms or shared options with a total of six bathrooms in the property. Two off street car parks and a courtyard garden at the rear of the property are available for tenants' use. The property is located 600m from the CBD and is ideal for working tenants looking for the convenience of inner city living. The total annual income is approximately $112,500, with some landlord costs applied. An independent rental appraisal suggests this could be increased by $18,000 or more than current levels. This investment property is simply outstanding and we welcome all enquiries to discuss further. Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
Question
Location
Upload by Ewen Livingstone
Otago and Southland
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