871 George Street, North Dunedin

4 BED1 BATH

Web ID: IN12146

SOLD

Solid investment opportunity on George Street

This well-maintained property has been a dependable investment for over 15 years and is now ready for the next savvy owner to capitalise on its strong returns and sought-after location.

Elevated from the street, the property features four well-proportioned bedrooms and a functional lounge equipped with a heat pump for year-round comfort. The kitchen provides generous storage and bench space, with easy access to the rear laundry area, complete with a washing machine, dryer, tub, and extra storage. A centrally located bathroom, renovated earlier this year, further enhances the property's appeal.

Additional highlights include a well-maintained exterior, a modern ventilation system, and extensive double glazing to ensure warmth and energy efficiency throughout.

Set on a 286m2 (+/-) section, the property also offers potential to add two additional bedrooms on-site (subject to DCC consent), providing an opportunity to further increase returns.

Located on popular George Street, the property enjoys a flat, convenient walk to the University and city centre. Currently rented at $760 per week for 2026, this property presents an excellent opportunity - whether as a high-performing investment or as accommodation for family studying in Dunedin 2027.

With its proven rental history, prime location, and future development potential, this is one to secure with confidence.

Property Details

Approximate Floor Area
110m2

Approximate Land Area
286m2

Rateable Value
$620,000

Property Type
House

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