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Real Estate Australia

Real Estate Australia

Build to rent
Enquiries over $180,000




Property Location: 25A Fea Street Dalmore - Dunedin - Otago

Listing Id: 67020881  

Details

Bathrooms: 1   

Land

Size: 431 Square Mtr Approx  

Description: Recently sub-divided, this rear yard section is one of only a few opportunities to build yourself in a location back from the road, and slightly elevated for views down the valley. The area is surrounded by a mixture of owner occupied and rental housing and is close enough to the University to attract students looking for quieter accommodation on the fringe of the campus area.

The land zoning allows for up to nine bedrooms which can be built in multiple dwellings for rental accommodation (subject to consents). This new build would be exempt from the interest deductibility laws making it a highly attractive investment option and reduce the bright-line test for resale to 5-years.

Services are to the boundary with the exception of power, however trunking is already in place to make this easier to access.

With the city feeling the squeeze of rental accommodation, newly built housing is in high rental demand and this opportunity should not be overlooked.

A full Colliers Information Memorandum is available including Council LIM and Consent Notice. Enquire to request a copy.

Viewings are by private appointment only with our Broker.


Build to rent
Enquiries over $180,000


Contact Colliers Queenstown Today!!!

Contact Matt Morton
Phone 021 577 800

Property ID:67020881

Email Colliers Queenstown Now!


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