8 Morrison Street, Caversham, Dunedin, Otago

Currently tenanted until 07/03/27 at $570 p/week, this property presents an excellent opportunity for investors looking to step onto the property ladder with immediate rental income in place.

Positioned in a convenient location close to local amenities, this charming early 1900s character villa offers space, warmth and exciting future possibilities.

Featuring four generous-sized bedrooms, this home combines classic charm with practical living. The open-plan kitchen, dining and living area is the heart of the home, complete with both a heat pump and wood burner for year-round comfort.

Several original ornate features remain throughout the property, adding timeless appeal and character that villa lovers will appreciate.

The layout includes:

• Four spacious bedrooms
• Separate bathroom and toilet
• Good-sized separate laundry
• Open-plan living area
• Heat pump and wood burner
• Original character detailing

Outside, you'll find a fully fenced compact terraced backyard with sheds for extra storage, plus a small off-street park suitable for a compact vehicle or similar.

There may also be options to explore further development potential - contact me for more information.

Character, convenience and opportunity all in one. Viewing by appointment only.

Please note: some of the photos have been digitally altered for the privacy of the tenants.