Stand-alone investment opportunity

Listed 5 Jun
17 Lees Street, City Centre, Dunedin, Otago
Asking price $539,000
Details


Stand-alone investment opportunity
Conveniently located just a short walk from the CBD, this stand-alone property is a highly sought-after rental for both young professionals and senior students.
Positioned to capture excellent natural sunlight with its northerly aspect, the home offers three generous bedrooms, each featuring built-in wardrobes. A modern kitchen and bathroom complement the open-plan living area, which flows seamlessly onto a sunny deck - perfect for relaxing or entertaining.
Currently rented at $640 per week until 30th December 2026.
Additional features include a separate laundry, off-street parking, and the potential to further develop and add value.
Whether you're looking for a low-maintenance investment property with strong rental appeal or a convenient town base, this is an opportunity well worth your inspection.
Key Features:
- Short walk to the CBD
- Popular rental location
- Northerly aspect with great sun
- Three spacious bedrooms with built-in wardrobes
- Modern kitchen and bathroom
- Open-plan living opening to a sunny deck
- Separate laundry
- Off-street parking
- Potential to develop and add value
- Ideal investment or town-base property
Don't miss this excellent opportunity to secure a well-positioned property with both immediate appeal and future potential.

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Open home times
12 Jul
SundaySun
12:00pm - 12:15pm
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viewing
12 Jul
SundaySun
12:00pm - 12:15pm
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Property insights
Past sales & timeline
- Capital Value
$590,000
- Capital Value
$640,000
- Sold
$N/A
- Decade built



