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7 and 9 Douglas Street, Allanton, Dunedin City

By Negotiation

246m²

1,001m²

High yield investment opportunity

This is a unique chance to acquire not just a property, but a successful business. On offer are two independently titled properties with options to purchase individually or both. Constructed of permanent materials and purpose built for staff accommodation less than 10 years ago, each building comprising of nine ensuited bedrooms, shared kitchen open plan living area, laundry and multiple off-street parking spots ensuring convenience and comfort for all occupants. Both properties are being offered for sale fully furnished and with an extensive chattel list. Located on the Taieri Plains, it is just a short commute to Dunedin City and is ideally situated for Dunedin Airport. With consistently high occupancy levels of close to 100% throughout the year this could be a hands-on or hands-off business. Whether you are an individual or a family looking for a sound profitable investment in Real Estate these properties may be just what you are looking for. These properties also fit the bill as accommodation units for companies involved in Dunedin's hospital build. On-site management available if required. Contact us now to arrange a viewing and explore the countless possibilities that this property has to offer.

Additional details

Type

House

Property ID

DNU187919

Listed on

27/06/2024

Updated

07/08/2024

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Total estimated cost is flooring

$14,213.55

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Allanton, Dunedin City

Allanton is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Allanton is the 63rd largest suburb of Dunedin in terms of the total number of residential housing stock. Allanton provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Allanton is made up of approximately 79% residential housing and 21% lifestyle properties.

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