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CITY OPPORTUNITY SECOND TO NONE

88 York Place, City Centre - Dunedin, Otago

Price By Negotiation

page views: 6828

ID# 12553

Type: Residential - House

Bedrooms: 4

Bathrooms: 2

Floor area: 230 m²

Land area: 460 m²

Parking: Large garage with internal access

Rateable value: $770,000

Viewing: View by appointment

Contact: Roy
Phone: 03 477 8633
Mobile: 022 682 1702

Note: no agents please

This 2 storey, double brick property situated on a prime site presently exists as two 2 bedroom apartments (one up, one down) with two street frontages. Could be used as professional, private or business offices, home stay, or maintain as a city residence.

Option 1: A 4-5 bedroom with a separate 30m2 floor area (ie one room) adapted for business activity plus provision made for approx. 8-10 car parks returning say $10,000/$12,000 pa

Option 2: To provide 6-8+ rooms for student lodgings to return say $47,000 pa plus 8-10 car parks returning $10,000-12,000 per annum. A total gross revenue of $59,000 pa

Option 3: Total renovation into two large upmarket apartments each of 150sqm

Option 4: Total renovation for professional or business use plus parking provisions

Option 5: to use as a 4-5 bedroom family home

Other features of this property include:

  • Large garage with internal access to both the property and backyard
  • Sun drenched property with landscaped trees, garden and lawns
  • Accessible North facing deck over ground floor roof provides great first floor views
  • A further ground floor deck can be added to increase the indoor outdoor amenity
  • CBD Mixed Used Zone
  • Ground Floor = 146 sqm, 1st floor = 101 sqm
Sunny north-westerly aspect and only five minutes walk to Dunedinís city centre. 88 York Place has all the key ingredients of prime real estate.

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$10,000

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