23 Duncan Street

Dunedin Central Otago

180 m²

506 m²

House

Currently for sale - view listing

Overview

City-fringe boarding house opportunity

Situated just a short walk from the CBD, this well-located boarding house offers strong tenant appeal and reliable returns. Spread across three practical levels, the property includes nine bedrooms, each with their own panel heater and mini fridge, and several rooms with a sink for added convenience and privacy. Shared spaces are thoughtfully arranged, with a communal kitchen and a comfortable living area that opens onto a sunny deck, creating a warm and social environment for residents. A rear section provides additional space to relax outdoors, while two bathrooms across the home support daily ease for all occupants. With professional management already in place and a current BWOF, the property is well set up for hands-off ownership. Potential to return $1745 per week when fully tenanted. There is also clear potential to add value and enhance income through upgrades or future improvements - an attractive proposition in such a high-demand location. A rare opportunity in a proven rental pocket. Secure this solid, centrally positioned investment today. Contact to make an appointment to view. DCC rates: $ 5128.37 p.a. ORC rates: $ 657.42 p.a.