Elevated student investment

Purpose-built for the student rental market, this well-positioned investment offers a proven track record of strong returns in one of Dunedin's most sought-after locations.

Perched at the top of Forth Street, the property enjoys an elevated outlook across Logan Park, the turf, and Otago Polytechnic, with both the University of Otago and Polytechnic just a five-minute walk away. It's a location that continues to attract consistent tenant demand year after year.

The layout has been designed with student living in mind. Entry is from the front via a flight of stairs, while a single garage is positioned at street level below. On the main entrance level, you'll find two bedrooms, and upstairs are three additional bedrooms, two bathrooms, with the laundry conveniently incorporated into one of the bathrooms. The upper level also features a spacious open-plan lounge and dining area, complemented by a functional galley-style kitchen. Sliding doors open to a private paved outdoor area, perfectly positioned to capture the afternoon sun, providing a great private space for tenants to relax.

The property is leased for 2026 at $975 per week, with tenants secured for 2027 at $1,000 per week. Having rental income locked in well ahead of time provides immediate cash flow and reflects the ongoing demand for quality student accommodation in this location.

For investors seeking a low-maintenance, purpose-built student property in an exceptional location with strong rental security already in place, this is an opportunity well worth your attention.