Listed: Tue, 30 Apr

9% + Return Potential

165 Forth Street, North Dunedin, Dunedin, Otago

Price by negotiation

5 Beds
1 Bath
120m² Floor
445m² Land

Attribute	Value
Property type	House
Capital value (CV)	$730,000
Broadband in the area	Fibre, Satellite, Wireless

Located right in the heart of the campus, this flat has always been very popular, receiving plenty of applications from quality tenants every year.

Rented until end of 2026 at $985 per week, the property contains 5 good-sized bedrooms, a semi-open plan kitchen/ living area, 1 bathroom plus a separate toilet.

The 445m2 section allows for up to 10 bedrooms on the site (subject to consent). One could remodel/ extend and add bedrooms to the existing dwelling or just knock it over and build new.

Based on quotes and working drawings, our view is that a conversion to an 8-bedroom, 3-bathroom flat is the best use of this site.

Link to 3D tour below: https://my.matterport.com/show/?m=teUBRbpCAHk

Open home times

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Property Files

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Local Schools

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