73B Grosvenor Street, Kensington, Dunedin, Otago

If you're a super savvy property investor looking for a 6% plus yield, positive cashflow and upside potential, you can't go past this rare Dunedin cityside gem.

And the timing couldn't be better - with the new Dunedin hospital construction starting and an expected surge in rental demand, this location will continue to see high demand from professional tenants wanting to be close to all amenities, including the New Dunedin Hospital and the CBD.

This property is immaculate and presents as a modern 4-bedroom, double-storey home, elevated for all-day sun and has beautiful views across the harbour, city oval and city. Tenanted until August 2026 at $570 per week, it's a turn-key rental with strong returns and minimal upkeep.

Featuring open-plan kitchen and living on the upper level which soaks in sun, two sun-drenched decks, a modern kitchen, double glazing, and internal-access garage, this home offers investors the ideal blend of secure income and long-term growth. And our vendors want to cash out, so there's opportunity to jump in now before this property market fully kicks off again.

The property has superb professional tenants and should continue to attract an excellent tenant base of professional tenants wishing to live in a modern, warm home that is convenient to everything. Just a short walk to the Octagon, supermarkets, cafés, and bus stops, this property ticks all the boxes for those wanting easy access to Dunedin's CBD.

Strong return | Low maintenance | Exceptional location

Deadline Sale - closes 4pm Tuesday 2nd December 2025 - Prior offers considered