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131 London St

Dunedin Central Otago

6
2
493 m²
House
Currently for sale - view listing

Overview

Cashflow $1,224 pw in a Proven Location

131 London Street presents a compelling opportunity for investors and home-and-income buyers seeking a well-located property with reliable returns and future flexibility. Positioned just moments from the University, Polytech, Hospital, Moana Pool, Otago Boys & Otago Girls high schools, and the CBD, this is a location that continues to underpin consistent tenant demand. The property offers six bedrooms (including a separate sleepout), two bathrooms, and a separate laundry, with a spacious open-plan kitchen, and living area with external access. A heat pump ensures year-round comfort, while the semi-renovated interior provides a balance of modern convenience with scope to further enhance value over time. A key standout is the dual access — from both London Street and Queens Drive via the Moana Pool car park — adding practicality for tenants and long-term appeal from an investment perspective. Currently rented at $1,224 per week until the end of 2026, the property delivers approximately $63,600 per annum, providing immediate cashflow and income security. Whether you’re looking to secure a solid-performing investment in a blue-chip rental area or explore a versatile home-and-income opportunity, 131 London Street offers location, income, and potential in equal measure. *** Viewings by Appointment Only *** Public Download Link: https://www.ganeshrout.co.nz/current-listings/131-london-street-dunedin-central-dunedin

Features

6 bedrooms
2 bathrooms
493 m² lot size
House

Property history for 131 London St

2017
Sold
$235,000
17 Jul 2017 by Mike Cranstoun

Happy sellers in Dunedin Central

61%
61% of sellers in Dunedin Central reported that their sale price either exceeded or met their price expectations.

Dunedin Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Dunedin Central over the last 12 months.

Local market activity for 6 bedroom houses in Dunedin Central

In the last 12 months, 2 six-bedroom houses similar to 131 London St, have been sold.

This represents a 34% increase in six-bedroom houses sales when compared to the previous 12 months.

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