Otago real estate for sale
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198 South Road
198 South Road Otago
proudly marketed by
Colliers International
Intelligent Investing, Diversify Your Portfolio
This warm, tidy and refurbished property offers the prudent investor the opportunity to diversify their portfolio with this quality, high performing investment. The property consists of two 2-bedroom units, refurbished to a high standard around 2012/2013 and has a proven record of strong rental history since this time. Designed to meet the high quality investment market, the stylish eye to detail is attractive to a wide rental market. Improvements included double glazing, rewiring to the street, insulated walls with new kitchens and remaining rooms completely refurbished throughout to meet modern tenant standards. Situated in a great location just outside the centre city area, but still easy commuting to key locations of the city, hospital and university area. This property is ideal for older students looking outside the University area, professional couples wanting low maintenance apartment style living and young families wanting a warm, safe and convenient rental property. The income is secure for the remainder of the year with fixed tenancies in place and the option is available in 2021 to live in one while renting the other unit or retain as a fully tenanted investment. • 2x 2-bedroom units • Fully tenanted 2020 • Fully refurbished in 2012/2013 • Great location To view a 3D Virtual Tour of 198A South Road, click here: https://bit.ly/2Tvo6EL To view a 3D Virtual Tour of the 198B South Road, click here: https://bit.ly/38dQEYr A full Colliers Information Memorandum and additional property documentation including LIM and Building Inspection Report are available on request. Viewing is a must but is strictly by private appointment only with our Brokers.
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Upload by Ewen Livingstone
Otago and Southland
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