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Back 47 Howe Street
Off Market

47 Howe Street

North Dunedin Otago

3
1
1
80 m²
House
Denise CaseyDenise Casey, last sold this property on 09 December 2025 after 13 days on market.

Overview

Blue-chip Student-flat Investment

With University investments, location is everything - and this is one of North Dunedin's most tightly held corners. 47 Howe Street is positioned right on the Howe and Castle Street intersection, a premium student-flat address in the heart of the University precinct, just 5 minutes to Campus. This two-storey, three-bedroom townhouse is a classic 1970s student investment, in a format that has proven itself over decades. It's exceptionally low maintenance, neat and tidy, mostly double glazed, and already delivering strong performance, with very little effort required from the current owner. Secure tenancies are already in place for 2026 so you can start earning an income from Day 1. Gross rental income of $37,440 is secured for 2026. North Dunedin rentals are a different market to anywhere else in the city or indeed the country. And that's why out-of-town, as well as local savvy investors, jump on student-flat investments. Vacancy risk here is forever low, because the demand is baked in - the University, the library, student amenities… all just minutes away on foot. Student-flat investments in this precinct have shown exceptional long-term growth, often doubling in value over a ten-year cycle or less - while remaining cash-flow positive through the holding years. The interior is neat and tidy with an open plan kitchen and living, 3 bedrooms, a separate laundry & toilet and an upstairs bathroom, off-street parking complete the package. This style of property has a long history of attracting more mature student tenants - and with its smaller scale, it's naturally less likely to become a 'party-house' rental. It's a quiet achiever - the kind investors love. With strong existing income, low upkeep, and one of the best University corner positions you can buy into, 47 Howe Street is an affordable entry into Dunedin's student-flat investment market. If you want a property that performs now - and grows powerfully over time - get in touch.

Features

3 bedrooms
1 bathroom
1 carspace
1 open car space
80 m² floor area
House

Estimated Value

We need at least 3 similar 3 bedroom houses sold in North Dunedin over the last 12 months.

Property history for 47 Howe Street

2025
Sold
Undisclosed
09 Dec 2025 by Denise Casey, of NZ Property Solutions

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 3 bedroom houses in North Dunedin

In the last 12 months, 2 three-bedroom houses similar to 47 Howe Street, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in North Dunedin

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Jason Hynes

Sellers who recommend Jason Hynes have praised them for being clear communication, local expert, responsive, supportive, easy to work with, friendly and reliable

  •   4.9   (440 reviews)
  •  5 Reviews in North Dunedin
  •  2 Sales in North Dunedin
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Matt Cutler

Sellers who recommend Matt Cutler have praised them for being local expert and clear communication

  •   4.9   (15 reviews)
  •  2 Reviews in North Dunedin
  •  3 Sales in North Dunedin
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Denise Casey

Sellers who recommend Denise Casey have praised them for being friendly, strategic and reliable

  •   5   (44 reviews)
  •  1 Review in North Dunedin
  •  1 Sale in North Dunedin
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Madelon White

Sellers who recommend Madelon White have praised them for being clear communication, local expert, supportive, responsive, well-prepared, reliable and friendly

  •   5   (121 reviews)
  •  1 Review in North Dunedin
  •  1 Sale in North Dunedin
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