You won't find many closer to campus than this. 100 metres from Otago University, smack in the middle of one of Dunedin's most consistent rental strips. This is bread and butter student territory, always has been, always will be.
Currently rented through to the end of 2026, so you've got income from day one. But here's the opportunity: this place is ready for a freshen up. It's liveable, it's functional, but put some work into it over summer and you'll be pulling a higher rent come 2027. New tenants, new look, better return. The bones are already there with a new roof, new windows, new wiring all done in recent years. What's left is the cosmetic stuff. Paint, flooring, kitchen, bathroom. Do as much or as little as you like.
Four big bedrooms, one bathroom, open plan kitchen, dining and living. Classic student flat layout that tenants know and landlords love. No wasted space, no weird rooms that don't work. Just a simple, functional setup that does the job.
The section is compact and low maintenance. No law
