Finish this refurbishment
This centrally located five-bedroom investment flat is ready and waiting for a renovator to come in and complete what the Vendor has started.
The property has slipped in its maintenance and is ready for a new owner to inject some expertise to finish this refurbishment. The roof, wiring and kitchen joinery are all in acceptable condition by most standards; while the bathroom has a new shower and the carpet has only just been recently laid. Significant work has been undertaken to re-clad one side of the house, but more needs done.
Most work will involve the exterior cladding and some landscaping including drainage to future proof the property. Internally it is mostly painting and vinyl flooring to complete, but we invite you to enquire on the property and review it thoroughly for yourself to determine what you would do to make this property as attractive as its location.
This prime area pulls in both students and workers due to the short stroll to Dunedin's CBD and shopping precinct, which is always favoured by tenants, while the University's health schools are similarly just a couple of blocks away. Currently vacant, immediate possession is available to complete this refurbishment and rent to your preferred tenants in 2026.
Our highly detailed Information Memorandum explains the project in more detail. We have plenty of photos to share for your assessment and an estimated rental appraisal if you are unsure of the tenanting market. I look forward to your enquiry.
Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.
Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.