Listed: Thu, 2 Apr

Triple income opportunity

28 Walton Street, Kaikorai, Dunedin, Otago

Asking price $995,000

6+ Beds
3 Baths
250m² Floor
1138m² Land

Other Features

2 Garage parking

Attribute	Value
Property type	House
Capital value (CV)	$1,000,000
Agency reference	IN12241
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

Positioned in a consistently sought-after pocket, this multi-income property presents a compelling opportunity for both seasoned investors and those looking to secure a strong foothold in the market.

Set across a single title, the property comprises three dwellings: two well-configured one-bedroom semi-detached units, alongside a spacious three-bedroom standalone home. Currently generating $1,400 per week, it offers proven rental performance, underpinned by a desirable location and practical layout that appeals to a broad tenant demographic.

Elevated to capture excellent natural light, the homes enjoy a pleasant outlook and a sense of openness. Convenience further enhances the appeal, with Roslyn Village, popular cafés, reputable schools, and everyday amenities all within easy walking distance.

For those with an eye for potential, there is clear scope to add further value. Whether through cosmetic upgrades or strategic improvements, there's an opportunity to maximise returns and unlock additional upside over time.

A versatile, income-generating asset in a location that continues to perform - balancing immediate yield with future potential.

Open home times

No times scheduled

Property Files

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Local Schools

IN ZONE kaikorai school
22 Tyne Street
169 m
Contributing (Primary), State, 302 enrolled
IN ZONE columba college
399 Highgate
466 m
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 593 enrolled
IN ZONE balmacewen intermediate
44 Chapman Street
714 m
Intermediate (Intermediate), State, 473 enrolled

IN ZONE trinity catholic college
340 Rattray Street
1.1 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 774 enrolled
IN ZONE st hildas collegiate
2 Cobden Street
1.2 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 465 enrolled
IN ZONE john mcglashan college
2 Pilkington Street
1.3 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 532 enrolled
IN ZONE otago girls' high school
41 Tennyson Street
1.4 km
Secondary (Year 9-13) (Secondary), State, 709 enrolled
IN ZONE liberton christian school
5 Hillary Street
2.7 km
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
IN ZONE logan park high school
76 Butts Road
3.1 km
Secondary (Year 9-13) (Secondary), State, 815 enrolled
IN ZONE dunedin rudolf steiner school
1 Fern Road
6 km
Full Primary (Primary & Intermediate), State : Integrated, 85 enrolled
UNZONED st mary's school (dunedin)
6 A Cromwell Street
805 m
Contributing (Primary), State : Integrated, 57 enrolled
UNZONED otago boys' high school
2 Arthur Street
809 m
Secondary (Year 9-13) (Secondary), State, 856 enrolled
OUT OF ZONE arthur street school
26 Arthur Street
919 m
Full Primary (Primary & Intermediate), State, 200 enrolled
OUT OF ZONE wakari school
150 Helensburgh Road
1.2 km
Contributing (Primary), State, 311 enrolled
OUT OF ZONE maori hill school
Passmore Crescent
1.3 km
Contributing (Primary), State, 257 enrolled
UNZONED st joseph's cathedral school
43 Elm Row
1.3 km
Contributing (Primary), State : Integrated, 153 enrolled
UNZONED brockville school
Brockville Road
2.2 km
Full Primary (Primary & Intermediate), State, 117 enrolled
UNZONED kaikorai valley college
Kaikorai Valley Road
2.5 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 447 enrolled
OUT OF ZONE dunedin north intermediate
North Road
2.9 km
Intermediate (Intermediate), State, 295 enrolled
UNZONED carisbrook school
217 South Road
3.3 km
Full Primary (Primary & Intermediate), State, 338 enrolled
UNZONED kings high school (dunedin)
270 Bay View Road
4.2 km
Secondary (Year 9-13) (Secondary), State, 861 enrolled
UNZONED queen's high school
195 Surrey Street
4.3 km
Secondary (Year 9-13) (Secondary), State, 604 enrolled
UNZONED bayfield high school
Shore Street
4.3 km
Secondary (Year 9-13) (Secondary), State, 575 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.