Back 135 North Road
Off Market

135 North Road

North East Valley Otago

4
2
1
402 m²
House
Colleen TownsendColleen Townsend, last sold this property on 27 November 2025 after 13 days on market.

Overview

Smart, Easy-Care Investment Opportunity

Extensively renovated with robust construction and double glazing, this impressive North East Valley property was designed with student living in mind and offers an exceptional investment opportunity. Featuring four double bedrooms with excellent storage and two well-appointed bathrooms (including one with a separate toilet), plus a dedicated laundry area, the layout is practical, modern, and ideal for multiple occupants. The open-plan kitchen and living zone flows through sliding doors to a small deck and an easy-care, compact section - well-fenced for privacy and low-maintenance living. Off-street parking for one vehicle completes the package. This property boasts a strong rental history, and with the current tenants committed to a confirmed lease through 2026 at $880 per week, it represents an investment opportunity characterised by stability and secured returns. This is also ideal if you are looking to purchase a property for family members attending Tertiary Education in Dunedin in 2027. Prime location is key - you're just a short walk to local shops and services, popular cafés, restaurants, and bars, and approximately a 20-minute walk to the University, making it highly desirable for students or young professionals that prefer to be just slightly away from the core student area. Reliable income. Strong demand. Low maintenance. A rare, ready-made investment in a highly sought after location. DEADLINE SALE closing Wednesday 27 November 2025 at 2.00pm in our Dunedin Office, 12 Wharf Street (Prior Offers Considered)

Features

4 bedrooms
2 bathrooms
1 carspace
1 open car space
402 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North East Valley over the last 12 months, the estimated median property value of 135 North Road is $569.5k.

Median value
$569.5k
Estimated value range
$340k - $770k
Median days on market
42
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North East Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 135 North Road

2025
Sold
Undisclosed
27 Nov 2025 by Colleen Townsend, of Ray White Dunedin (Proven Realty Limited)

Happy sellers in North East Valley

88%
88% of sellers in North East Valley reported that their sale price either exceeded or met their price expectations.

North East Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in North East Valley over the last 12 months.

Local market activity for 4 bedroom houses in North East Valley

In the last 12 months, 11 four-bedroom houses similar to 135 North Road, have been sold.

This represents a 100% decrease in four-bedroom houses sales when compared to the previous 12 months.

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