Listed: Tue, 24 Feb

Strong Cashflow, Secure Lease, Prime Position

30 & 32 Clyde Street, North Dunedin, Dunedin, Otago

Enquiries over $1,499,000

6+ Beds
4 Baths
260m² Floor
258m² Land

Attribute	Value
Property type	House
Capital value (CV)	$1,380,000
Property ID#	JQG255
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

These two 5-bedroom flats are positioned right in the heart of the university campus, just a couple minutes walk away from the central library and commerce building. Securing quality tenants has never been an issue, and the rent has increased every year since 2018.

Set on a single title, the property returns a total of $1,990 per week and is leased until 29.12.2026.

Across the two flats there are:

10 bedrooms
4 bathrooms
2 separate living areas
2 kitchens
A sunny, shared courtyard at the rear

There is consistently strong demand for 10+ bedroom flats around campus, yet very limited supply. This creates flexibility as while the property is currently configured as two 5-bedroom flats, there is the option to capitalize on that scarcity and pivot to a single tenancy agreement to one group of 10 across both dwellings.

For investors seeking reliable income, annual rent growth, and a location that will never go out of favour with prospective tenants, this is a interesting opportunity.

Link to 3D Tour - https://my.matterport.com/show/?m=69aSzGpapaw

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Local Schools

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