


Listing Description
Dual-income investment in prime location
148 & 148A Dundas Street, North Dunedin, Dunedin, Otago
Enquiries over $900,000
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $1,070,000 |
Agency reference | IN12039 |
Broadband in the area |
Description
An outstanding investment opportunity awaits with these two highly lettable flats on one title, perfectly positioned between the University and Polytechnic. This sought-after location ensures strong tenant demand year-after-year.
At the front, you'll find a charming four-bedroom brick villa, offering character, space and a proven rental history. At the rear, a three-bedroom purpose-built flat provides additional income potential with low maintenance appeal.
Both properties feature generously sized bedrooms and are fully tenanted for 2025, bringing in a modest $1,230 per week, with scope to increase rents in 2026. With its solid rental return, prime student location, and dual-income potential, this is a future-proofed investment that ticks all the right boxes.
Don't miss this rare opportunity - get in touch today!
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