18 & 20 Brown Street, City Centre, Dunedin, Otago, 9016, New Zealand
Option A: Invest in both, securing a promising financial future much like the sun streaming through those large windows. Renting each room at $180 per week could potentially yield a total of $720 per week. With 18 and 20 Brown Street offering a total of 8 rooms, the combined weekly income could reach around $1,440, which adds up to approximately $74,880 annually.
Option B: Consider purchasing both properties – reside in one while renting or offering the other on Airbnb. This dynamic duo promises not only a dual income stream but also provides unmatched flexibility in your living arrangements.
These two classic double gable villas boast an array of desirable features and investment potential. With eight generously sized bedrooms, there’s ample space for your family or guests. Original features, such as wood and tile open fireplaces and detailed ceilings, seamlessly blend elegance with timeless charm. The open plan living area includes a wood-burner installed at a later date, complemented by large windows flooding the interiors with natural sunlight, creating a warm and inviting atmosphere.
Both properties also feature delightful courtyards, providing the perfect spot to enjoy your morning coffee while soaking up the sun. But there’s more to this unique opportunity. 18 & 20 Brown Street sister properties, side-by-side, offering virtually identical properties. Notably, this residence has been a sound investment since 2004, making it a trusted choice for those looking to grow their real estate portfolio.
