18 Lachlan Avenue, North Dunedin

5 BED1 BATH1 CAR CARPORT

Web ID: IN12212

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$695,000

Quietly positioned. Consistently performing

Positioned up the hill and away from the intensity of the student hub, this property appeals to a different calibre of tenant. It consistently attracts older students who value a quieter, more settled living environment.

Five well-proportioned bedrooms are complemented by a modernised bathroom that flows seamlessly into the laundry area. The kitchen is spacious and contemporary, offering ample storage and functionality. It connects effortlessly to the open-plan dining area and generous lounge, creating a central living space that feels cohesive rather than confined. A heat pump provides year-round comfort, while the HRV system enhances airflow and promotes a healthier living environment.

At the front of the home, a thoughtfully designed undercover deck extends the living space outdoors, it serves as a practical extension of the home throughout all seasons. The convenience of off-street parking under a carport further strengthens its appeal. Throughout the current ownership, the property has been carefully maintained and tastefully improved.

It is close enough to the university for convenience, yet far enough removed to offer peace, and that balance is precisely why it continues to perform. Currently rented at $875 per week until 31st December 2026, it offers secure, established income. In a market where many student rentals compete purely on density, this property competes on liveability, and that distinction protects your return. This is an investment that simply makes sense.

Property Details

Inspection Details

Sunday 8th March
3:00pm - 3:15pm
calendar

Approximate Floor Area
140m2

Approximate Land Area
430m2

Rateable Value
$640,000

Property Type
Investments

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