258 High Street, Dunedin Central

6.75% Return – Better Than In The Bank!

Bricks and mortar are generally a sound investment that stand the test of time. This low maintenance property comprises of 2 one-bedroom apartments, and a second level three-bedroom apartment. Each apartment has its own carpark and there is plenty of shared basement storage. It is compliant with insulation regulations, and each is fitted with a heatpump, and gigabit fibre.

A gross total income of $47,996 (some minor landlord outgoings apply). Flat A first floor three-bedroom is rented to 31 December 2020, Flat B front ground floor one-bedroom is rented to 31 July 2020, and Flat C rear ground floor one-bedroom is rented to 4 March 2021.

The location is fantastic being so close to town. Be quick for this one – phone Shane or Julie for further details.

Price: $711,000

Please phone for viewing times.


ID : 3732
Price : $711,000.00
Property Type : Residential
Purpose : House
Status : For Sale
Bedrooms : 5
Bathrooms : 3
Area : 248 m² Land Area
Address : 258 High Street, Dunedin Central 9016
State : Otago
Zip Code : 9016
City : Dunedin
Country : New Zealand


3 Off-Street Parking Spaces

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Shane & Julie Robinson
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