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165 Forth Street

North Dunedin Otago

5
1
120 m²
445 m²
House
Currently for sale - view listing

Overview

9% + Return Potential

Located right in the heart of the campus, this flat has always been very popular, receiving plenty of applications from quality tenants every year. Rented until end of 2026 at $985 per week, the property contains 5 good-sized bedrooms, a semi-open plan kitchen/ living area, 1 bathroom plus a separate toilet. The 445m2 section allows for up to 10 bedrooms on the site (subject to consent). One could remodel/ extend and add bedrooms to the existing dwelling or just knock it over and build new. Based on quotes and working drawings, our view is that a conversion to an 8-bedroom, 3-bathroom flat is the best use of this site. Link to 3D tour below: https://my.matterport.com/show/?m=teUBRbpCAHk

Features

5 bedrooms
1 bathroom
120 m² floor area
445 m² lot size
House

Happy sellers in North Dunedin

89%
89% of sellers in North Dunedin reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in North Dunedin over the last 12 months.

Local market activity for 5 bedroom houses in North Dunedin

In the last 12 months, 2 five-bedroom houses similar to 165 Forth Street, have been sold.

This represents a 60% increase in five-bedroom houses sales when compared to the previous 12 months.

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