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834 Great King Street North

North Dunedin Otago

4
4
2
0 m²
House
Currently for sale - view listing

Overview

Double Opportunity - Purpose-Built Investment

Buy one, or buy both! A standout opportunity for investors, offering two separate 4-bedroom, ensuite units, purpose-built for the student rental market and ideally located in North Dunedin, close to university. Built in 2015, each unit has been thoughtfully designed with ensuites to every bedroom, maximising both tenant appeal and rental potential. Currently tenanted as individual, fully furnished studio rooms across both units, the property is generating a combined $2,400.00 per week - $1,200.00 per unit - in rental income. With the current leases concluding in December 2026, a buyer has genuine flexibility going forward - continue leasing room-by-room to maximise yield, or lease each unit as a single dwelling to one tenant group. Either way, this property is built to perform. A rare chance to secure a well-established, purpose-built investment in one of Dunedin's most in-demand rental locations. To be sold together or separately - the choice is yours! Contact Geraldine 0274730922 or Amelia 0224152359 to view.

Features

4 bedrooms
4 bathrooms
2 carspaces
1 open car space
1 garage space
0 m² floor area
House

Property history for 834 Great King Street North

2024
Sold
$780,000
17 Jan 2024 by Clayton Sievwright
2022
Sold
$780,000
21 Dec 2022 by Clayton Sievwright, of Edinburgh Realty Mosgiel (Edinburgh Realty Ltd)

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 9 reviews in North Dunedin over the last 12 months.

Local market activity for 4 bedroom houses in North Dunedin

In the last 12 months, 3 four-bedroom houses similar to 834 Great King Street North, have been sold.

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

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