43-45 Arthur Street, City Centre

6 BED3 BATH

Web ID: DO12017

SOLD

Dual investment opportunity!

An exceptional investment opportunity awaits with this well-presented dual-income property, perfectly positioned just a short stroll from the heart of the Central City shopping and central business district. Offering a strong rental return, some modern upgrades, and future growth potential, this is an ideal addition to any investor's portfolio.

43 Arthur Street offers three well-appointed bedrooms, two spacious doubles and one single providing ample space for relaxed living. The tidy and functional kitchen and bathroom are designed with convenience in mind, ensuring everyday ease. The bathroom is located upstairs alongside a separate toilet for added practicality. The laundry, conveniently positioned off the kitchen, opens to a private deck area, perfect for outdoor enjoyment.

45 Arthur Street boasts three inviting bedrooms, two generous doubles and a cozy single, offering a perfect balance of comfort and space. The modern open-plan kitchen flows seamlessly into the living area, creating an inviting atmosphere for everyday living and entertaining. With two well-appointed bathrooms downstairs, convenience is at the forefront. The laundry is conveniently located off the kitchen and can be seamlessly closed off from the main living area for added privacy. At the rear, a charming small deck offers a peaceful outdoor retreat, perfect for relaxation.

Both flats are healthy homes compliant and currently tenanted, providing a combined modest rental income of $890 per week with room to increase: Flat #43 - Rented at $430 per week and Flat #45 - Rented at $460 per week. Rental appraisal available. With demand for well-located rental properties on the rise, there is potential to increase the rents moving forward, maximizing your return on investment.

Whether you're a savvy investor looking for strong returns or seeking a long-term, this tidy, dual-income property presents a rare and rewarding opportunity. RV $760,000.

Deadline Sale - Closing 4pm Tuesday 25th March 2025, at our Dunedin office (prior unconditional offers considered).

Property Details

Approximate Floor Area
250m2

Approximate Land Area
192m2

Rateable Value
$760,000

You Might Also Like...