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Caversham

31 Pencarrow Street, Caversham, Dunedin

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3 Bedrooms
1 Bathrooms
300sqm Land area SQM

Great first home or investment - must be sold


A great home or investment to be added to your portfolio.

• Recently extensively renovated
• Double glazed windows throughout
• A heat pump in the living area
• Upgraded electricals
• Bathroom with vanity, toilet, shower unit and storage

Enjoy indoor-outdoor flow all year round, with a French door opening from the lounge onto a covered patio

Out back, there is a fully fenced large rear section with plenty of room for the kids and pets to run free, to create your own garden, or simply to relax.

Laundry is tucked away in the outbuilding, where there is extra storage space.

Currently tenanted at $485 a week ($25,220 per year). Opportunity to potentially purchase at 6 -7% gross return.

Location-wise, you're close to bus stops, the motorway, Dunedin Health Centre, cafes, convenience stores and the South Dunedin shopping hub. Kew Reserve Playground is also right by your doorstep, perfect for evening walks or for the children to play.

Act quickly to avoid missing out on such a great opportunity.

DCC rates : $3154.67 p.a.
ORC rates: $262.15 p.a.

Key features


Opportunity

Ideal first home or investment opportunity

Renovated

Recently extensively renovated throughout

Outdoor living

Fully fenced section with excellent outdoor space

Dwelling details

Double glazing throughout with indoor-outdoor flow

Location

Close to shops, cafés, public transport and the motorway

Potential

Move in, rent out or add to your portfolio