Situated in a great inner-city location - close to public transport, with the exchange at the bottom of the street and Mornington village up the hill - this grand home has been split into three apartments providing the opportunity to have either a home-and-income arrangement, or a pure investment. Configured with two one bedroom apartments at the rear of the property (both rented) and a four-bedroom apartment on the street frontage which is currently used as short-term accommodation. The four bedroom home is on two levels and has been significantly renovated. The downstairs offers kitchen, dining/living space, toilet, shower and laundry, and a garage space that has been converted for storage. Up the beautiful kauri staircase there are three double bedrooms and a large second living space - which could also be a fourth bedroom - a second bathroom, and sunny balcony with great city and harbour views. Has been rented as short-term accommodation for $250 a night, and as a fixed term investment it would rent for approximately $650 a week. The rear upstairs one bedroom apartment has a sunny, light and airy open plan kitchen and living with stunning views of harbour and ocean, bathroom and double bedroom. Rented at $350 a week until November 2021. The rear downstairs one-bedroom apartment includes kitchen with separate living, an upgraded bathroom and double bedroom. Rented at $350 a week until January 2022. All units are healthy home compliant with a good rental history. Secure this beautiful property today, enquire for further information.
Closing 12noon Thursday 12th August 2021, at our Dunedin office (prior unconditional offers considered).