Light, bright, and full of character, this Central Dunedin investment property offers strong returns and a highly sought after location just moments from the city centre. Enjoying harbour and city views, the home is rented at $1,295 per week for 2026, and rented at $1,365 for 2027, providing a reliable income stream in one of Dunedin’s most desirable rental areas, only 700 metres from the University of Otago.
The home features seven bedrooms, one with an adjoining study space and another with a generous sunroom area. Full bathrooms are located on both levels, with a shower upstairs and a shower-over-bath downstairs for added versatility. The well-appointed galley-style kitchen includes a large pantry, dishwasher, and extra-wide freestanding oven with gas hob, perfectly suited for shared living. The lounge adjoins the kitchen, creating a practical flow for day-to-day living.
A spacious laundry with built-in worktop and storage adds further functionality. Positioned for generous sunshine, the home enjoys excellent natural light with stunning views of the harbour, while the smart placement of three heat pumps ensures year-round comfort. The north-facing courtyard provides a sunny outdoor area to relax or entertain. Combining location, outlook, and solid returns, this is a highly desirable investment within easy reach of both the CBD and university precinct.
Alternatively, the home’s scale and character also lend themselves to potential conversion back into a spacious family home if desired.
Contact Nick Berryman for viewing availability and further information.
