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308 Highgate, Roslyn, Dunedin City

Price by Negotiation

200m²

248m²

Prime Roslyn Village investment opportunity

Discover the charm and potential of the historic post office in the heart of Roslyn Village. With a rateable value of $760,000 and a great rental history this iconic building offers a rare blend of residential and commercial spaces, perfect for investors or those looking to capitalise on a sought-after location. With the three-bedroom apartment becoming available in February 2025 this could suit an out-of-town buyer looking for a town base, while having the benefit of receiving rent from the commercial tenant.

Property Features:

Location: Centrally positioned in Roslyn Village, offering high visibility and convenience.

Office: The office area downstairs is currently tenanted by Bayleys until 1 April 2027 at $23,000 plus GST per annum. The existing layout consists of a reception area, three office spaces, kitchenette, and a toilet.

Accommodation: Upstairs features 3 double bedrooms, upgraded bathroom with laundry, a modern open-plan kitchen and living room with views of the city. Healthy Homes approved, with a rent of $500 per week.

Recent Upgrades: Full exterior repaint and a new roof in 2018, ensure the building is well-maintained. Kitchen and bathroom upgraded.

Heating: Two heat pumps provide efficient heating, one upstairs and one down.

Structural engineering report available on request.

Parking: Includes 2 onsite car parks.

This is a unique opportunity to own a piece of Roslyn's history while enjoying a steady income stream from the current tenants. Whether you're looking to invest or make it your own, this property is full of potential. Don't miss out!

Additional details

Type

House

Property ID

4602815

Listed on

11/10/2024

Updated

15 days ago

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Renovators Dream or Prime Development Opportunity

Negotiation

12 Ann Street, Roslyn

Property data

Broadband available

Floor area

200m²

Land area

248m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Roslyn, Dunedin City

Roslyn is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Roslyn is the 21st largest suburb of Dunedin in terms of the total number of residential housing stock. Roslyn 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 1970 - 1979. Residential housing stock in Roslyn is made up of approximately 95% residential housing and 5% residential investment housing properties.

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