Unlock serious investment potential

If you're looking for a sharp addition to your portfolio, this is it. Positioned in the city centre, this block of four fully self-contained one-bedroom units offers immediate appeal to a wide range of tenants, professionals, singles, couples, and students alike.

These well-maintained units present an ideal balance of functionality and investment potential. Each one is clean, tidy, and purposefully designed for low-maintenance living - freeing up your time while delivering reliable, long-term returns. Currently generating a combined rental income of $810 per week, the property is under-rented, with Flat 3 currently vacant and being advertised for lease. This presents an immediate opportunity to increase yield with minimal input. Rental Assessment available upon request.

Set back from the street up a private driveway, the property offers off-street parking for tenants and is elevated to take in sweeping harbour views - an attractive feature for prospective renters. Each unit is approximately 50m² (+/-) in size, fully compliant with Healthy Homes standards, and well positioned in a sought-after location where rental demand remains strong and market rents are trending upwards.

Whether you're a seasoned investor or just getting started, this property is a rare combination of location, condition, and untapped potential. Opportunities like this in the city centre don't last long.

Deadline Sale - closing 4pm Wednesday 7th May 2025, at our Dunedin office (no prior offers).