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New Zealand Property Solutions, (Licensed: REAA 2008)
Tom Macaulay Tom Macaulay

11 Durham Street, Mornington

Enquiries over $680,000

Listing Description

Listed: Wed, 11 Oct

2 & 3 bedroom newbuild homes

11 Durham Street, Mornington, Dunedin, Otago

Enquiries over $680,000


  •   3 Beds
  •   2 Baths
Other Features
  •   1 Ensuite
  •   1 Garage parking
Property type
1 garage spaces
Broadband in the area Fibre, ADSL, VDSL, Wireless


'11 Durham Street' is a development of 10 freehold-title new-build homes, offering a terrific choice of 2 bedroom with/without garage and high-yielding 3-bedroom dual key townhouses. These are being sold now off-plan with completion not until early 2025 so this is a superb opportunity to lock in today's pricing, avoid peak interest rates and not have to settle until 2025!

Here's a snapshot of the development: Stunning luxury homes with terrific street appeal - full appliance package, double-glazed, warm, modern and comfortable homes which will come completely finished and move-in ready Highly specified finishes, options with garages or 3 bedroom dual-key homes Ideal for owner-occupiers wanting a modern brand-new home, or investors wanting some of the best cashflows & yields in the country* Superb rental estimates - Dual-keys could rent from $1070pw, 2-bedroom with garage from $650pw, 3-bedroom from $720pw Dunedin new-build townhouses are in high demand from professionals relocating to Dunedin for work on the city's many key projects Superb location, minutes to Mornington Shopping Centre and only 2kms to Dunedin CBD - hospital and universities just minutes away Secure now with only 10% deposit, completion estimated for early 2025 Fixed Price Contracts New-build homes qualify for 20-year tax exemption on interest deductibility rules! Chronically undersupplied Dunedin market, superb rental yields Lock in today's pricing with potential for capital growth over the build phase - buy now at the bottom of this market cycle Over $5.3 billon of capital spending in Dunedin over the next 10-15 years

Get in touch today for the full property information pack.

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New Zealand Property Solutions, (Licensed: REAA 2008)
Tom Macaulay

Tom Macaulay


Agent's details

Tom Macaulay

Tom Macaulay

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Denise Casey

Denise Casey

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