• $695000

152 Queen Street, North Dunedin, Dunedin, Otago, 9016, New Zealand

152 Queen Street is on the market for the first time in 20 years.

 

Here is an excellent opportunity to secure a well-cared for, modern style investment property close to the university in popular Queen Street. This property feels more like a home than a flat and is a standout property when compared to regular student flats. There have been no vacancies during the current ownership and 152 Queen Street tends to appeal to the more discerning and mature students making it easy to manage. It has been signed in July this year for a 2020 tenancy at $900 per week proving its popularity.

 

This stand-alone freehold property offers six good sized bedrooms, well thought out bathrooms and kitchen and a very large and comfortably furnished open plan living space. The property boasts fantastic expansive views from Mt Cargill, across the Botanical Gardens, Campus and City and out to sea. This simply is a peaceful and delightful view to help tenants to relax and focus on studies.

 

It continues to tick the boxes with a decent sized laundry and its own internally accessed single garage, which is a luxury rarely afforded to student properties. A secondary smaller space exists beside the house in which you could park a small vehicle.

 

This property offers a great opportunity to add a modern, high standard property to your portfolio or would make a quality foundation for your property investments in a market where demand for accommodation exceeds supply.