157 Forth Street, North Dunedin

6 BED1 BATH

Web ID: DO12044

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Enquiries over $660,000

Popular six-bedroom student flat

Situated in a sought-after student location, this six-bedroom property has been a consistently popular rental, offering strong returns and easy tenancies for the current owner. Now, with a change on the horizon, this well-performing investment is ready for its next chapter.

Tucked privately off the street, the home opens into a cosy living area and functional kitchen, along with a combined bathroom and laundry. The main level features four well-sized bedrooms, while upstairs offers two additional bedrooms and a convenient second toilet with hand basin - ideal for student living.

Currently rented to six students for the 2025 academic year at $990 per week ($165 per room), there is clear potential for rent increases in future years. With scope to modernise and add further value through renovation, this property is a fantastic opportunity for savvy investors looking to secure a high-demand rental with growth potential.

Now is the time to act - properties like this don't stay available for long!

Property Details

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Approximate Floor Area
122m2

Approximate Land Area
269m2

Rateable Value
$770,000

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