Heriot Row, City Centre, Otago

bedrooms 6
bathrooms 6
|House
Price by negotiation
Price by negotiation
Published on: 23 Aug 2024
Last updated on: 23 Aug 2024
Heriot Row, City Centre, Otago
Heriot Row, City Centre, Otago
Heriot Row, City Centre, Otago
+40
Heriot Row, City Centre, Otago
  • 40
Property ID: 320094116767
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Charming multi-unit property in prime CBD location

Heriot Row, City Centre, Otago
Discover this exceptional property located at 6 Heriot Row, perfectly positioned near George St, The Octagon, Forsyth Barr Stadium, the hospital, and just a short 900m walk to the University. Boasting stunning views of Dunedin CBD, this property sits on a meticulously maintained 1196sqm plot. Inside, you will find fifteen spacious bedrooms spread across two flats. 

The main house at 6 Heriot Row is filled with character and a grand staircase, nine bedrooms, including six large studios with ensuites, and three standard rooms with a pedestal sink in each, a separate full bathroom, an extra shower room plus a separate toilet. Also, there is a spacious communal kitchen and a large separate laundry. 6A includes six large studio rooms with ensuites plus a communal kitchen-living area with a laundry cupboard. 

Additionally, there is a plant room with a diesel boiler and two new heat pumps, ensuring both flats stay warm during the winter.

Current rent income is $3195 per week, $166,140 gross and 2025 rent income will be $3345 per week, $173,940 gross, from 6 + 6A collectively

With a solid rental history and a strong following in the student community, this property is a rare gem. Do not miss out on this prime investment opportunity, act now!

A property information memorandum is available.  Please get in touch for further discussion or to arrange a viewing appointment once you have reviewed the information.

Property Details

Basic Info

Property Type
House
Land Size
1,196.00 m2
Building Size
689.00 m2
Rooms
6 bedroom(s), 6 bathroom(s)
Address
Heriot Row, City Centre, Otago
Contact Agent
Kees  Meeuws
Kees Meeuws
Bayleys Dunedin, (Licensed: REAA 2008)
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Kees  Meeuws
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      Property ID: 320094116767

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