148 & 148A Dundas Street, North Dunedin

7 BED2 BATH

Web ID: DO12039

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Enquiries over $900,000

Dual-income investment in prime location

An outstanding investment opportunity awaits with these two highly lettable flats on one title, perfectly positioned between the University and Polytechnic. This sought-after location ensures strong tenant demand year-after-year.

At the front, you'll find a charming four-bedroom brick villa, offering character, space and a proven rental history. At the rear, a three-bedroom purpose-built flat provides additional income potential with low maintenance appeal.

Both properties feature generously sized bedrooms and are fully tenanted for 2025, bringing in a modest $1,230 per week, with scope to increase rents in 2026. With its solid rental return, prime student location, and dual-income potential, this is a future-proofed investment that ticks all the right boxes.

Don't miss this rare opportunity - get in touch today!

Property Details

Inspection Details

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Approximate Floor Area
190m2

Approximate Land Area
375m2

Rateable Value
$1,070,000

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