53 North Road

North East Valley Otago

1099 m²

House

Currently for sale - view listing

Overview

Six Bedrooms, Strong Returns & Investment Appeal!

Looking for a substantial investment property with excellent rental income already secured? This six-bedroom, two-bathroom home in North East Valley deserves your attention! With 2027 rental income secured at $1,290 per week, generating an impressive $67,080 in gross annual rental income, this is an opportunity for investors seeking established returns. Offering six bedrooms, two bathrooms and approximately 150m² of floor space, the home provides a practical layout for shared living. All six bedrooms are double glazed, providing added comfort, while the spacious living and dining area features a heat pump and flows out to a generous outdoor deck. A well-appointed kitchen offers excellent storage and functionality. Positioned on a prime loaction, the property also benefits from three covered carport spaces. Property highlights: ** Six bedrooms, all double glazed ** Two bathrooms ** 2027 rental income secured at $1,290 per week ** Gross annual rental income of $67,080 ** Spacious living and dining area with heat pump ** Well-appointed kitchen with ample storage ** Generous outdoor entertaining deck ** Approximately 150m² floor area ** Four covered carport spaces Conveniently positioned in North East Valley, close to New World Gardens, local shops, public transport and within easy reach of the University of Otago and Otago Polytechnic, this property offers a practical location for tenants and an attractive proposition for investors. Six bedrooms, secured rental income and substantial land – all priced at $896,500! Contact Ganesh Rout or Renée Perenara today for further information or to arrange a viewing. Public Download Link: https://www.ganeshrout.co.nz/current-listings/53-north-road-north-east-valley-dunedin

Features

6 bedrooms

2 bathrooms

4 carspaces

4 carport spaces

1099 m² lot size

House

Happy sellers in North East Valley

71%

71% of sellers in North East Valley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in North East Valley over the last 12 months.

Local market activity for 6 bedroom houses in North East Valley

In the last 12 months, 3 six-bedroom houses similar to 53 North Road, have been sold.

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

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

Ganesh Rout

at The Rout Group

(494 reviews)

View listing

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