836 Great King Street North

North Dunedin Otago

0 m²

Unit

Currently for sale - view listing

Overview

Two Ways to Own - Purpose-Built Investment

Investors take note: this is a genuine set-and-forget opportunity right in the heart of the student rental market. Comprising two purpose-built units, built in 2015, each with 4 bedrooms and an ensuite to every room, the property has been designed from the ground up for the student tenant - no compromises, no conversions, just a layout that works. Currently returning $2,400 per week combined ($1,200 per unit) as individually tenanted fully furnished studio rooms, the numbers already stack up. And with the current lease running through to December 2026, whoever buys this has options: keep the room-by-room model running, or switch to leasing each unit as a whole to a single tenant group. North Dunedin remains one of the tightest rental markets in the city, and purpose-built stock like this doesn't sit around for long. Available individually or as a pair. Contact Geraldine or Amelia to view. Geraldine 0274730922 or Amelia 0224152359.