Listed: Fri, 27 Sep

Recently Renovated Investment - 8.4% Return

52 Maitland Street, City Centre, Dunedin, Otago

Enquiries over $949,000

6+ Beds
3 Baths
243m² Floor
311m² Land

Other Features

3 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$885,000
Parking	OSP
Broadband in the area	Fibre, Wireless

This spacious, luxurious, 9-bedroom home recently underwent an extensive renovation including:

New kitchen
3 New Bathrooms
Fresh Paint Job
New Carpet/ Vinyl
Double Glazing

Spread over two stories and located on the city fringes, this home is returning $1,575 per week until 29/12/2025

It contains 9 good-sized bedrooms, a sunny, spacious open plan kitchen/ living area, 3 bathrooms, a covered balcony and a patio out back, along with 3 car parks. The section is very low maintenance.

3D walkthrough here: https://my.matterport.com/show/?m=jKsVEmyH7py

The vendor is motivated to sell, which is why the house is listed below market, offering an 8.4% - 8.5% return. With income locked in until the end of 2025, this seems like a no brainer.