


Listing Description
Outstanding Opportunity - Two One Bedroom Flats
55 Bathgate Street, South Dunedin, Dunedin, Otago
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $330,000 |
| Agency reference | DUN32340 |
| Broadband in the area |
Description
Previously with a combined rental income of $585.00 per week, this is a great chance to secure an investment property with two distinct one-bedroom flats, each offering features to suit different tenant needs and investor goals.
Flat A is now vacant opening the doors for the new owner to occupy this modernised one bedroom flat, while continuing to reap the rewards of the rent from Flat B (fixed term for 2026).
Flat A has been renovated to provide a stylish and contemporary living environment. Its fresh finishes and modern upgrades make it an appealing option for singles or couples that desire low-maintenance living.
Flat B is in reasonably original condition and is currently occupied by a long-term tenant who has called it home for approximately 13 years. This long-standing tenancy offers immediate rental security for investors, as well as the flexibility to add value to the property in the future if desired.
Conveniently situated close to public transport, shopping, and a range of local amenities, this excellent location ensures easy access to daily necessities and enhances the property's appeal to prospective tenants, supporting consistent demand.
Whether you are looking to expand your investment portfolio or are considering your first property purchase, this dual-unit opportunity delivers on convenience, flexibility, and long-term potential.
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