42 Forbury Road, Forbury, Dunedin
'The Castle' - Rare Dunedin Opportunity
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42 Forbury Road, Forbury, Dunedin
'The Castle' - Rare Dunedin Opportunity
Investments For Sale
By Negotiation
About
Commanding one of Dunedin's most recognisable vantage points, 'The Castle' stands proudly on the hill, overlooking the city and harbour from an expansive 2031m2 (+/-) site. Originally built in the early 1910s as a grand private residence, this iconic landmark was later converted in 1947 into four substantial flats - two two-bedroom and two one-bedroom units, all currently rented for a total of $1,475 per week (with electricity paid by the owner for units 1 and 4), with a nett income of $72,403 per year.
Agents
Aimee Marsh
Residential and Investment Property Consultant
Mobile: 027 209 3440
Direct dial:
Clayton Sievwright
Residential and Investment Property Consultant
Mobile: 021 191 5555
Direct dial:
Lane Sievwright
Director, Residential and Investment Property Consultant



