396 Princes Street, City Centre, Dunedin, Otago

Step into a fully restored icon and secure an investment that blends heritage, luxury, and immediate income. The Empire Hotel Apartment Building is a Category 1 Historic Place, meticulously transformed into a collection of four high-end apartments over three levels. With comprehensive renovations completed, including full earthquake strengthening, this is a zero-renovation, turnkey property ready to generate income from day one.

Each apartment is fully furnished and styled, with quality fit-outs, modern comforts, and character features that celebrate the building’s rich past. Airbnb bookings are already in place, offering immediate income and long-term cashflow security. Located just 750 metres from Dunedin’s Octagon, this premium property places you within easy reach of the city’s cultural, culinary, and commercial heart.

With flexible use options, whether as an Airbnb hub, a boutique rental portfolio, or as an owner occupier residence with supplementary income, the Empire is not just a place to live or invest, it’s a piece of Dunedin history that pays dividends.

This is a one of a kind investment opportunity in Dunedin’s historic heart, with all the hard work already done. Whether you're looking to diversify your portfolio, launch an Airbnb business, or live in a heritage gem while earning income, The Empire Hotel Apartments deliver on every front. Unit 1 - Offers Over $459,000 Unit 2 - Offers Over $619,000 Unit 3 - $675,000 Unit 4 - Offers Over $719,000