Durham Street, Mornington, Otago

'11 Durham Street' is a development of 10 freehold-title new-build homes, offering a terrific choice of 2 bedroom with/without garage and high-yielding 3-bedroom dual key townhouses. These are being sold now off-plan with completion not until early 2025 so this is a superb opportunity to lock in today's pricing, avoid peak interest rates and not have to settle until 2025! 

Here's a snapshot of the development:
Stunning luxury homes with terrific street appeal - full appliance package, double-glazed, warm, modern and comfortable homes which will come completely finished and move-in ready
Highly specified finishes, options with garages or 3 bedroom dual-key homes 
Ideal for owner-occupiers wanting a modern brand-new home, or investors wanting some of the best cashflows & yields in the country*
Superb rental estimates - Dual-keys could rent from $1070pw, 2-bedroom with garage from $650pw, 3-bedroom from $720pw
Dunedin new-build townhouses are in high demand from professionals relocating to Dunedin for work on the city's many key projects 
Superb location, minutes to Mornington Shopping Centre and only 2kms to Dunedin CBD - hospital and universities just minutes away
Secure now with only 10% deposit, completion estimated for early 2025
Fixed Price Contracts
New-build homes qualify for 20-year tax exemption on interest deductibility rules!
Chronically undersupplied Dunedin market, superb rental yields 
Lock in today's pricing with potential for capital growth over the build phase - buy now at the bottom of this market cycle
Over $5.3 billon of capital spending in Dunedin over the next 10-15 years

Get in touch today for the full property information pack.