74 Cargill Street, City Centre, Dunedin, Otago

For Sale by Online Auction

The Online Auction is under way and digital bidding starts immediately and concludes at the Final Bidding Stage. It is recommended to register a starting bid early to avoid disappointment. Bids conditional on pre-approved finance are permitted subject to seller approval.

Seize a blue-chip opportunity in the heart of the student precinct with this meticulously maintained period villa. Positioned perfectly for the discerning tenant, this dual-dwelling asset bridges the gap between campus life and city convenience. Located just moments from the medical and dental schools, the property caters specifically to the high-demand postgraduate and senior student market. These tenants prioritize the lifestyle balance offered here - being within easy walking distance of the university while remaining on the doorstep of the city’s vibrant social hub.

The configuration offers exceptional versatility and tenant appeal. The lower level features a spacious two-bedroom flat, uniquely designed with two bathrooms to provide maximum privacy. This layout is an ideal fit for professional couples or senior students seeking a premium living experience, further enhanced by a large, private deck. Upstairs, the five-bedroom flat serves as a high-capacity rental engine, boasting a bright, open-plan kitchen and living area bathed in natural light. With two full bathrooms plus an additional guest toilet, the dwelling is purpose-built for seamless group living.

From a management perspective, this is a "turn-key" addition to any portfolio. The property is fully Healthy Homes compliant and supported by comprehensive Building and LIM reports, ensuring total peace of mind regarding structural integrity and compliance. Currently fully leased for the 2026 season at $1,800 per week on fixed-term tenancies, the immediate cash flow is secured. Combining character charm with modern logistical requirements - including an off-street carpark - this is a robust, low-maintenance investment designed for long-term capital growth and consistent returns.

The property is open for Buyers to register and submit a bid from now until 6:00 pm, Tuesday 17 March 2026 when the Final Bidding Stage will commence (unless brought forward by the Vendor). All reports are provided for reference to the Building, LIM, Healthy Homes Standards and Electrical. Contact the sales agent early to become qualified.

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.

Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.