


Listing Description
Popular six-bedroom student flat
157 Forth Street, North Dunedin, Dunedin, Otago
Enquiries over $660,000
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $770,000 |
Agency reference | IN12044 |
Broadband in the area |
Description
Situated in a sought-after student location, this six-bedroom property has been a consistently popular rental, offering strong returns and easy tenancies for the current owner. Now, with a change on the horizon, this well-performing investment is ready for its next chapter.
Tucked privately off the street, the home opens into a cosy living area and functional kitchen, along with a combined bathroom and laundry. The main level features four well-sized bedrooms, while upstairs offers two additional bedrooms and a convenient second toilet with hand basin - ideal for student living.
Currently rented to six students for the 2025 academic year at $990 per week ($165 per room), there is clear potential for rent increases in future years. With scope to modernise and add further value through renovation, this property is a fantastic opportunity for savvy investors looking to secure a high-demand rental with growth potential.
Now is the time to act - properties like this don't stay available for long!
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