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31 Pencarrow Street

Caversham Otago

3
1
70 m²
300 m²
House
Currently for sale - view listing

Overview

Cash flow positive potential - must be sold

A great home or investment to be added to your portfolio. • Recently extensively renovated • Double glazed windows throughout • A heat pump in the living area • Upgraded electricals • Bathroom with vanity, toilet, shower unit and storage Enjoy indoor-outdoor flow all year round, with a French door opening from the lounge onto a covered patio Out back, there is a fully fenced large rear section with plenty of room for the kids and pets to run free, to create your own garden, or simply to relax. Laundry is tucked away in the outbuilding, where there is extra storage space. Currently tenanted at $485 a week ($25,220 per year). Opportunity to potentially purchase at 6 -7% gross return. Location-wise, you're close to bus stops, the motorway, Dunedin Health Centre, cafes, convenience stores and the South Dunedin shopping hub. Kew Reserve Playground is also right by your doorstep, perfect for evening walks or for the children to play. Act quickly to avoid missing out on such a great opportunity. Deadline closing on 18th August 2026 (Tuesday) at 2pm, unless sold prior.

Features

3 bedrooms
1 bathroom
70 m² floor area
300 m² lot size
House

Property history for 31 Pencarrow Street

2020
Sold
$246,250
16 Apr 2020 by Dean Smith, of Total Realty Dunedin (Total Realty Ltd)

Happy sellers in Caversham

79%
79% of sellers in Caversham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in Caversham over the last 12 months.

Local market activity for 3 bedroom houses in Caversham

In the last 12 months, 19 three-bedroom houses similar to 31 Pencarrow Street, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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