Listed: Tue, 29 Apr

Affordable Price. Over 7% return

5 Ramsay Street, Dalmore, Dunedin, Otago

Asking price $499,000

4 Beds
1 Bath
90m² Floor
416m² Land

Other Features

1 Garage parking

Attribute	Value
Property type	House
Capital value (CV)	$475,000
Parking	1 garage spaces
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

This 3-to-4-bedroom villa is sitting on a 416m2 section with a spacious open plan kitchen living area, three good-sized bedrooms and one larger, that can be used as a lounge or fourth bedroom. Accompanied with a tidy bathroom, there is a garage and extra off-street car parking, along with a low maintenance section. The heat pump is positioned well to heat every room in the house.

With good morning sun and a great view out towards the Botanical Gardens in North Dunedin, it is only a short walk to the Gardens Shopping Centre and onto the University.

Rented at $680 per week until the end of 2026, that works out to nearly 7.1% gross return.

There aren't many opportunities to buy properties for under $500,000 in the student area in general, let alone at over 7%. This is an ideal entry level investment.

Open home times

No times scheduled

Property Files

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Local Schools

IN ZONE dunedin north intermediate
North Road
605 m
Intermediate (Intermediate), State, 295 enrolled
IN ZONE liberton christian school
5 Hillary Street
645 m
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
IN ZONE john mcglashan college
2 Pilkington Street
1.3 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 532 enrolled

IN ZONE logan park high school
76 Butts Road
1.5 km
Secondary (Year 9-13) (Secondary), State, 815 enrolled
IN ZONE st hildas collegiate
2 Cobden Street
1.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 465 enrolled
IN ZONE columba college
399 Highgate
2 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 593 enrolled
IN ZONE trinity catholic college
340 Rattray Street
2.7 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 774 enrolled
IN ZONE dunedin rudolf steiner school
1 Fern Road
4 km
Full Primary (Primary & Intermediate), State : Integrated, 85 enrolled
UNZONED sacred heart school (dunedin)
63 North Road
509 m
Contributing (Primary), State : Integrated, 68 enrolled
OUT OF ZONE george street normal school
George Street
597 m
Contributing (Primary), State, 382 enrolled
UNZONED pine hill school (dunedin)
11 Hislop Street
812 m
Contributing (Primary), State, 60 enrolled
OUT OF ZONE maori hill school
Passmore Crescent
1.1 km
Contributing (Primary), State, 257 enrolled
OUT OF ZONE north east valley normal school
248 North Road
1.3 km
Contributing (Primary), State, 213 enrolled
OUT OF ZONE balmacewen intermediate
44 Chapman Street
2 km
Intermediate (Intermediate), State, 473 enrolled
UNZONED otago boys' high school
2 Arthur Street
2.4 km
Secondary (Year 9-13) (Secondary), State, 856 enrolled
OUT OF ZONE arthur street school
26 Arthur Street
2.6 km
Full Primary (Primary & Intermediate), State, 200 enrolled
OUT OF ZONE otago girls' high school
41 Tennyson Street
2.7 km
Secondary (Year 9-13) (Secondary), State, 709 enrolled
UNZONED brockville school
Brockville Road
4.5 km
Full Primary (Primary & Intermediate), State, 117 enrolled
UNZONED bayfield high school
Shore Street
4.8 km
Secondary (Year 9-13) (Secondary), State, 575 enrolled
UNZONED kaikorai valley college
Kaikorai Valley Road
4.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 447 enrolled
UNZONED carisbrook school
217 South Road
5.2 km
Full Primary (Primary & Intermediate), State, 338 enrolled
UNZONED kings high school (dunedin)
270 Bay View Road
5.7 km
Secondary (Year 9-13) (Secondary), State, 861 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.