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Back 74 Heriot Row
Off Market

74 Heriot Row

North Dunedin Otago

11
3
House
Matt MortonMatt Morton, last sold this property on 10 September 2026 after 1016 days on market.

Overview

Multiple Flat Investment

This large, three flat property has been a consistent high cash flow performer and is now ready for the next phase in its life. The three flats consist of a 5-bedroom, a 4-bedroom and a 2-bedroom flat, with two of the three signed under fixed tenancies for 2025. Once fully rented, the projected returns would be near 8.9% gross return against the asking price. Refurbishments to the property could lift the rent further in future years and now could be the time to renovate the vacant 5-bedroom flat and increase the rents to maximize potential returns. Sitting high above the University campus, the views are spectacular and allows the new owner to create something special. An upgrade plan would allow for further rent growth, or conversely with no heritage elements on the property, the site could be developed into new units similar to the neighbouring properties. Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.

Features

11 bedrooms
3 bathrooms
House

Estimated Value

We need at least 3 similar 11 bedroom houses sold in North Dunedin over the last 12 months.

Property history for 74 Heriot Row

2026
Sold
10 Sep 2026 by Matt Morton, of Matt Morton & Co (MATT MORTON & CO LIMITED)

Happy sellers in North Dunedin

92%
92% 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 7 reviews in North Dunedin over the last 12 months.

Local market activity for 11 bedroom houses in North Dunedin

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