10 Logie St

North East Valley Otago

817 m²

House

Currently for sale - view listing

Overview

7.53% Return with Strong Upside to 8.6%

Positioned in a high-demand student rental pocket, this character-filled villa presents a compelling investment opportunity with both immediate income and clear upside. Currently returning $1,050 per week, the property delivers a strong gross yield of approximately 7.53% based on the asking price of $725,000. However, the real appeal lies in its untapped potential. With comparable rentals in the area achieving a minimum of $200 per room, there is scope to increase income and unlock an estimated yield of up to 8.6%—an enticing prospect for investors seeking both growth and stability. Set on a generous section and surrounded by established greenery, the home retains its timeless charm, showcasing bay windows, high ceilings, and spacious proportions throughout. Offering six bedrooms and two bathrooms, the layout is perfectly suited to the student market, with flexibility and scale that support strong occupancy. The open-plan kitchen and living area serves as a practical communal hub, while off-street parking adds everyday convenience. Character features throughout enhance tenant appeal, setting the property apart from more standard rental options and helping ensure consistent demand. This is a proven performer with room to improve—an investment that delivers today while offering clear avenues to maximise returns tomorrow. Secure your place in a tightly held, high-demand location and capitalise on both immediate yield and future potential. Public Download Link: https://www.ganeshrout.co.nz/current-listings/10-logie-street-north-east-valley-dunedin