Back 73B Grosvenor Street
Off Market

73B Grosvenor Street

Kensington Otago

4
1
1
135 m²
House
Alex SketchleyAlex Sketchley, last sold this property on 12 February 2026 after 90 days on market.

Overview

Superb high-yielding investment property

If you're a super savvy property investor looking for a 6% plus yield, positive cashflow and upside potential, you can't go past this rare Dunedin cityside gem. And the timing couldn't be better - with the new Dunedin hospital construction starting and an expected surge in rental demand, this location will continue to see high demand from professional tenants wanting to be close to all amenities, including the New Dunedin Hospital and the CBD. This property is immaculate and presents as a modern 4-bedroom, double-storey home, elevated for all-day sun and has beautiful views across the harbour, city oval and city. Tenanted until August 2026 at $570 per week, it's a turn-key rental with strong returns and minimal upkeep. Featuring open-plan kitchen and living on the upper level which soaks in sun, two sun-drenched decks, a modern kitchen, double glazing, and internal-access garage, this home offers investors the ideal blend of secure income and long-term growth. And our vendors want to cash out, so there's opportunity to jump in now before this property market fully kicks off again. The property has superb professional tenants and should continue to attract an excellent tenant base of professional tenants wishing to live in a modern, warm home that is convenient to everything. Just a short walk to the Octagon, supermarkets, cafés, and bus stops, this property ticks all the boxes for those wanting easy access to Dunedin's CBD. Strong return | Low maintenance | Exceptional location Deadline Sale - closes 4pm Tuesday 2nd December 2025 - Prior offers considered

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
135 m² floor area
House

Estimated Value

We need at least 3 similar 4 bedroom houses sold in Kensington over the last 12 months.

Property history for 73B Grosvenor Street

2026
Sold
Undisclosed
12 Feb 2026 by Alex Sketchley, of NZ Property Solutions
2021
Sold
Undisclosed
Sold by Tender on 09 Mar 2021 by Madelon White, of Ray White Dunedin (Proven Realty Limited)

Happy sellers in Kensington

<50%
Less than 50% of sellers in Kensington reported that their sale price either exceeded or met their price expectations.

Kensington stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Kensington over the last 12 months.

Local market activity for 4 bedroom houses in Kensington

In the last 12 months, 1 four-bedroom house similar to 73B Grosvenor Street, have been sold.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent