RateMyAgentGo to search
Back 607 Castle Street
Off Market

607 Castle Street

North Dunedin Otago

3
1
0 m²
House
Lawrence SchaumannLawrence Schaumann, last sold this property on 09 December 2025 after 19 days on market.

Overview

Tenanted Investment with Long-Term Upside

Situated on one of the most sought-after streets for students, this property presents an excellent entry-level opportunity for the astute investor. Currently tenanted until 31 December 2025 at $600 per week, with a further tenancy secured for 2026 at $615 per week, this is a reliable, low-vacancy performer. The home offers three spacious bedrooms serviced by a central bathroom, along with a living area adjoining the kitchen, which opens out to the courtyard and back lawn. A separate laundry and toilet at the rear provide added practicality and potential for repurposing. Situated on a 263m2 site and zoned Inner-City Residential, the property also offers future development potential, with capacity for up to five bedrooms—subject to Council approval. The interior remains largely original, giving buyers plenty of scope to enhance and add value over time. Owned by our vendor for the past 46 years, the property has a proven track record of leasing quickly and consistently. Get in touch today for the full information memorandum.

Features

3 bedrooms
1 bathroom
0 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 607 Castle Street

2025
Sold
Undisclosed
09 Dec 2025 by Lawrence Schaumann, of LJ Hooker Dunedin
2023
Rented
Undisclosed
Leased on 31 Dec 2023 by LJ Hooker Dunedin
2021
Rented
Undisclosed
Leased on 31 Dec 2021 by LJ Hooker 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 3 bedroom houses in North Dunedin

In the last 12 months, 2 three-bedroom houses similar to 607 Castle 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

placeholder
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
View profile
placeholder
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
View profile
placeholder
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
View profile
placeholder
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
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap