45 Selwyn Street, North East Valley, Dunedin, Otago

This well-configured four-bedroom property presents a straightforward investment opportunity, combining practical upgrades with a layout suited to long-term tenancy.

All four bedrooms are well-proportioned and include built-in wardrobes, with the added advantage of individual heat pumps in each room. This level of comfort and independence is rarely found across every bedroom and contributes to consistent tenant appeal. Two bathrooms are positioned off the hall for easy access. A separate lounge provides a defined living space and is fitted with its own heat pump. From here, a step-down transition leads into the kitchen, creating a natural separation between living and service areas. At the rear of the property, the outdoor space offers more than a standard section, with established fruit trees and raised vegetable gardens providing a functional and usable setting. A separate laundry with additional storage is also located at the back of the property, keeping utility areas practical and contained.

PVC windows have been installed throughout, enhancing insulation and reducing ongoing maintenance while aligning the property with modern expectations. The location supports strong rental demand, sitting just minutes from the North East Valley shopping centre and approximately a 10-minute drive to both the university and the city centre.

Currently rented on a fixed-term lease through to 31st December 2026 at $550 per week with long standing tenants, the property delivers immediate income with built-in security. A rental appraisal is available for 2027.

A well-balanced investment that is already performing, with the fundamentals in place for consistent, ongoing returns. Get in touch today.