Rent - $1,100 per week | Yield - 8.2% | Location of Buyer - Dunedin -

These two 2-bedroom units are warm, tidy and fully refurbished, offering the prudent investor a healthy 7.4% return on current income. Or a homeowner could occupy one spacious, modern 2-bedroom home while banking $550 per week income from the other neighbouring 2-bedroom unit.

The whole property was refurbished to a high standard around 2012/2013, with the stylish eye for detail designed to meet the desires of a prudent tenant. Improvements included double glazing, rewiring to the street, insulated walls with new kitchens and bathrooms and the remaining rooms completely refurbished throughout to meet modern standards. The roof was fully replaced several years ago too offering a low maintenance and east care property.

The front unit contains a master bedroom with full ensuite, large open plan living and generous kitchen space, while the second bedroom has direct access to the 'jack and jill' style main bathroom. The flat to the rear has been renovated to the same high standard and contains one bathroom with large bedrooms. Generous open plan living again has kept this aligned with modern design standards. This is perfect as a quiet space back from the street and to utilise the second bedroom as separate office or study should working from home be essential to you or your tenant.

Both units are rented for $550 per week, for a total rent roll of $1,100 per week, or annualised to around $57,200 per annum.

Viewing is a must but is strictly by appointment. Please contact me for a further discussion about how this might suit your needs.