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North Dunedin - Low-maintenance terrace investment
Price | $649,000 |
Location | 1056 George Street, North Dunedin |
Type | House |
Bedrooms | 5 |
Bathrooms | 1 |
Floor Area | 132 m2 |
Land | 157 m2 |
Listing No # | L31766722 |
Listed | 21/11/2024 |
Views | 15 |
Description
This property is the ultimate student rental opportunity, combining consistently high demand with low-maintenance construction and an unbeatable location close to essential amenities. With untapped potential to further increase rental returns, it's a smart, future-proof investment that promises both convenience and growth.
Located at the end of a block of five, this brick terraced house stands out for its privacy and charm. It features five bedrooms, a newly renovated modern bathroom, and double glazing throughout, ensuring comfort and reliability. The flat backyard provides a perfect space for tenants to relax and entertain while being low maintenance. Additionally, free street parking is available right outside the property.
Rented at $780 per week for 2025 with returning tenants, this property delivers a steady income stream with potential for growth. The North Dunedin rental market continues to rise, and the projected rent for 2026 offers even greater upside. Tenants will enjoy the best of both worlds: a quieter lifestyle in a sought-after location while being within walking distance of the University of Otago and the Gardens Shopping Centre. Convenience and peace of mind are guaranteed!
This is your chance to secure a high-performing investment in one of Dunedin's most reliable rental markets. Don't let this opportunity slip away - call today to arrange a viewing or discuss how this property can elevate your portfolio. Let's make it yours!