Positioned in a highly convenient location, 377 South Road presents an outstanding opportunity for investors seeking immediate rental income with future upside. The property has been configured into two self-contained one-bedroom flats, each offering comfortable, low-maintenance living. Both flats feature:- One double bedroom Functional kitchen Separate lounge Bathroom Laundry facilities Heat pump for year-round comfort Private, easy-care outdoor space Flat 377 is currently rented at $280 per week, while Flat 377A returns $310 per week, providing a combined rental income of $590 per week. The rear flat, 377A, benefits from off-street parking accessed via Morrison Street, adding further appeal for tenants. Located within walking distance to local shops, services, public transport and everyday amenities, this is a property that continues to attract strong tenant demand. Adding to its appeal is the potential for future development, particularly when considered alongside the neighbouring property currently for sale at 8 Morrison Street, creating exciting possibilities for investors, developers or land bankers looking to maximise the site's potential. Whether you're looking to expand your investment portfolio, secure a dual-income property or explore future development opportunities, 377 South Road is a property worthy of serious consideration. Current Rental Income: $590 per week Two Self-Contained Flats Low-Maintenance Living Excellent Location Development Potential Please note, editing has been used on the photos.Pokaż więcej
Kluczowe dane
Powierzchnia użytkowa0 m²
Powierzchnia działki305 m²
Sypialnie2
Łazienki2
GminaDunedin
Wystawiono na
realestate.co.nz
986 441 zł
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