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3 Drummond St

North Dunedin Otago

5
2
130 m²
223 m²
House
Currently for sale - view listing

Overview

Prime Investment Opportunity

When it comes to investing in property, location, rentability, and cash flow are key—and 3 Drummond Street ticks all the boxes. Just a five-minute walk to George Street and the University of Otago library, this property is ideally positioned in one of Dunedin’s most sought-after student rental locations. The home offers five generous bedrooms, two bathrooms, and a spacious living area—ideal for shared living. The kitchen and bathrooms are both tidy and practical. Currently returning $940 per week with a fixed tenancy for 2026 in place until 30 December 2026. This is a turnkey investment offering immediate and reliable income in a high-demand area. TO DOWNLOAD THE PROPERTY PACK, GO TO: https://www.bradleylee.co.nz/current-listings/3-drummond-street

Features

5 bedrooms
2 bathrooms
130 m² floor area
223 m² lot size
House

Property history for 3 Drummond St

2018
Sold
Undisclosed
13 Feb 2018 by Bradley Lee, of One Agency The Property Specialists Dunedin

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 3 Drummond St, have been sold.

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

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