90 North Road, North East Valley, Dunedin, Otago, 9010, New Zealand
This very solid, brick 4-bedroom bungalow comes with a secondary one-bedroom dwelling, legally consented to be rented out separately. Dual properties are rare here and offer you many options for either home and income, a town base and income, or a potential full investment offering a healthy 6.2% return if fully rented (approximate estimate against the top end of the rental appraisal).
The location is ideal for tenants wanting to be near the university with a flat easy walk in, or the constant bus service runs right past the property and into the CBD. Should you wish to drive, the one car garage will keep your vehicle safe and secure when parked up.
The main house contains four large bedrooms and an open kitchen/living space to the rear. The owners have recently completed a partial refurbishment installing a new kitchen and painting the main house both internally and externally. The roof has been replaced in prior years and the electrical wiring is up to date for insurance purposes.
