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

660A/662A Castle Street North, North Dunedin

Asking price $1,850,000

Listing Description

Listed: Wed, 17 Apr

Rare Diamond - 6.5% return

660A/662A Castle Street North, North Dunedin, Dunedin, Otago

Asking price $1,850,000

Details

  •   5 Beds
  •   2 Baths
Other Features
  •   1 Off-street parking
AttributeValue
Property type
House
Broadband in the area Fibre, ADSL, Wireless

Description

Nestled in the vibrant heart of North Dunedin, at 660A and 662A Castle Street, sits a rare investment opportunity poised to attract discerning investors nationwide. These two semi-detached properties, each boasting a layout of five bedrooms and two bathrooms, offer an unparalleled living experience mere footsteps from the prestigious Otago University.

Impeccably maintained since their inception in the year 2000, both flats present a level of care and attention that sets them apart. A recent refurbishment within the past few years has seen the roof freshly painted, interiors and exteriors revitalised, and floors adorned with new coverings. The addition of stylish new internal fencing, richly stained for longevity, complements the meticulously landscaped lawns that envelop the flats, while new heat pump cages and concrete paving ensure practicality matches the aesthetic charm.

Each property enjoys expansive living rooms, where students can study or socialise in comfort, and the built-in yard furniture encourages outdoor gatherings in a private, inviting space. With parking for two vehicles and the university's Marsh Study Centre within a block, convenience is at the forefront of this offering. Tenancies have already been sign up for 2025 at $2,300 per week combined, proving the unparalleled popularity and security of this investment.

For the investor seeking a well-positioned, impeccably maintained asset in the thriving student accommodation market, 660A and 662A Castle Street represent an investment par excellence. Secure your piece of North Dunedin's real estate tapestry and reap the rewards of a location that is as strategic as it is sought after.

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

Please contact the agent 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


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Matt Morton

Matt Morton

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

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