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Matt Morton & Co Limited, (Licensed: REAA 2008)
Matt Morton Matt Morton

123 Harbour Terrace, North Dunedin

Asking price $1,499,000

Listing Description

Listed: Tue, 20 Feb

Long-Term Portfolio Winner

123 Harbour Terrace, North Dunedin, Dunedin, Otago

Asking price $1,499,000


  •   6+ Beds
  •   3 Baths
Other Features
  •   5 Off-street parking
Property type
Broadband in the area Fibre, ADSL, Wireless


Every now and again a fantastic property comes available to the market for the next lucky owner to secure into their long-term portfolio. This is one of those investment properties that will consistently deliver into the future for you.

Split into three flats, the ground floor contains a five-bedroom flat with large bedrooms and an ample living and kitchen area. Upstairs houses two 2-bedroom modern style flats. The property returns $1,810 per week of rental income in 2024 on fixed leases.

The building is constructed with a brick veneer on the ground level and a cavity plaster system on the upper level when it was added in approximately 2006. The property appears to contain modern wiring throughout and overall, the property appears in good order.

The location is in an excellent rental area attracting both University and Polytechnic students alike and will be a stable base property for your portfolio.

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.

Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.

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Matt Morton & Co Limited, (Licensed: REAA 2008)
Matt Morton

Matt Morton


Agent's details

Matt Morton

Matt Morton

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Matt Morton & Co Limited, (Licensed: REAA 2008)

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