


Listing Description
Tidy investment with rental upside
59 Malvern Street, Woodhaugh, Dunedin, Otago
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $465,000 |
| Parking | 1 garage spaces |
| Agency reference | IN12268 |
| Broadband in the area |
Description
Tidy and well-presented throughout, this property offers a compelling opportunity for investors or those planning ahead for university living.
The home features four good sized bedrooms, a modern bathroom, and a second separate toilet, providing practicality for shared accommodation. A functional kitchen and living area, complemented by two heat pumps, ensures year-round comfort.
Positioned in a quiet location, the property enjoys direct access to Ross Creek walking tracks at the rear, offering a unique balance of lifestyle and convenience. At the same time, it is just a short, flat walk to the University of Otago and the Gardens Shopping Centre.
Currently rented at $600 per week, there is clear potential to increase returns in the near future. A rental appraisal and Healthy Homes report are available for added confidence.
With university enrolments expected to grow in coming years, this is an opportunity not to be missed - whether as a proven investment or to secure accommodation for children studying from 2026 onwards.
Open home times
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Local Schools
IN ZONE 5 Hillary Street
685 m
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
IN ZONE 2 Pilkington Street
800 m
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 532 enrolled
IN ZONE George Street
849 m
Contributing (Primary), State, 382 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.
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