Otago University Flats for sale

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2/2 Royal Terrace

2/2 Royal Terrace Otago
proudly marketed by
Matt Morton
Matt Morton & Co Limited
This stunning period property is in fact four flats under the one roof. Each of them unique in their own way, they are all separate spacious 1-bedroom dwellings with comfortable living spaces and modern facilities. The upper two flats enjoy elevated cityscape views across the CBD and out to the harbour and ocean, while the lower two flats benefit from those period high ceilings that give a sense of space and calm. The building has been well maintained throughout, with a comprehensive exterior refurbishment completed within the last year. The section provides a pleasant surrounding with flowering blossom trees and wrought iron fencing, and the convenience of two garages is perfect for landlord storage, or a good offering to tenants with vehicles. The discerning tenants are a mixture of working and student couples, which offers the reassurance of a stable investment that would underpin any property portfolio. Alternatively, this could be the perfect property for your own offspring to use when based in Dunedin, whilst deriving good income from the other three flats. A full Matt Morton & Co Information Memorandum and additional property documentation including LIM are available on request. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
Upload by Ewen Livingstone
Otago and Southland
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