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79 Arthur Street, City Rise, Dunedin City

$1,295,000

310m²

435m²

Prime blue-chip investment

Discover a prime blue-chip investment with this exceptional property, perfectly blending modern living with outstanding potential. Located in a highly sought-after area, this real estate gem is ideal for both owner-occupiers and savvy investors looking for solid returns.

This property boasts three well-appointed units, designed to cater to a variety of living arrangements and investment strategies:

• Three-Bedroom Unit: Perched on the top floor, this spacious unit offers stunning, unobstructed city views that are truly the jewel of this property. With generous living areas, a contemporary kitchen, and a private balcony, it's a perfect retreat for those who appreciate both luxury and functionality. Imagine relaxing with a panoramic cityscape as your backdrop-this is more than just a home; it's a lifestyle.

• Two- Two-Bedroom Units: Each of these units is thoughtfully designed to offer comfortable living spaces with modern amenities. They are ideal for smaller families, professionals, or tenants seeking a cozy yet stylish environment. With some whiteware included, these units are move-in ready, making them even more attractive to potential renters or buyers.

Adding to the property's allure is the substantial garaging offering a multitude of choices, providing secure and convenient parking for residents or guests. This feature not only enhances the property's appeal but also its value. Vacant possession is offered, allowing for immediate occupancy or rental. This flexibility is perfect for those looking to move in right away or for investors eager to start generating rental income. Low maintenance is a standout feature of this property, ensuring that whether you're living in one of the units or managing them as rental properties, you'll spend less time on upkeep and more time enjoying the benefits of your investment.

Viewings are by appointment only, give me a call to arrange a time.

Insurance: $4000 per annum approximately

DCC Rates: $8,804.40 per annum

ORC Rates: $664.56 per annum

Additional details

Type

House

Property ID

L30414008

Listed on

18/09/2024

Updated

11/11/2024

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

310m²

Land area

434m²

Type of title

Freehold

About the area

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Bedrooms

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Time (yrs)

5 yrs

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Dunedin Central, Dunedin City

Dunedin Central is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Dunedin Central is the 3rd largest suburb of Dunedin in terms of the total number of residential housing stock. Dunedin Central 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 1900 - 1909. Residential housing stock in Dunedin Central is made up of approximately 78% residential housing and 22% residential investment housing properties.

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