Back 685 George Street
Off Market

685 George Street

North Dunedin Otago

10
3
326 m²
680 m²
House
Jason HynesJason Hynes, last sold this property on 03 May 2026 after 99 days on market.

Overview

A Landmark Investment - 8.4% Gross Return

Opportunities of this scale and calibre on George Street are increasingly rare, and this substantial 10-bedroom rental investment stands proudly as a standout performer. Perfectly positioned just moments from the University, this iconic property delivers a strong annual return of $104,000 pa, underpinned by consistently high tenant demand. Its proximity to campus, the city centre, and key amenities ensures ongoing appeal to the student and rental market year after year. Behind the striking façade lies an expansive floor plan spread across multiple levels, offering generous communal spaces, numerous bathrooms, and a configuration ideally suited to large-scale residential letting. The sheer volume of space on offer is a rare find, providing both functional living and flexibility for future enhancement. Character lovers will appreciate the wealth of original features throughout — from soaring ceilings, ornate plasterwork and timber detailing, to leadlight windows and architectural flourishes that speak to a bygone era. Whether you're a seasoned investor looking to secure a blue-chip addition to your portfolio, or seeking a high-yield asset in a proven location, this is an offering that ticks all the right boxes: scale, income, character, and an irreplaceable George Street address. A true Dunedin classic with clear instructions to sell!

Features

10 bedrooms
3 bathrooms
326 m² floor area
680 m² lot size
House

Estimated Value

We need at least 3 similar 10 bedroom houses sold in North Dunedin over the last 12 months.

Property history for 685 George Street

2026
Sold
Undisclosed
03 May 2026 by Jason Hynes, of 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 10 bedroom houses in North Dunedin

In the last 12 months, 1 numeral.10-bedroom house similar to 685 George Street, have been sold.

This represents a 100% decrease in numeral.10-bedroom houses sales when compared to the previous 12 months.

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