Investors take note: this is a genuine set-and-forget opportunity right in the heart of the student rental market.
Comprising 4 bedrooms and 4 bathrooms, the property has been designed from the ground up for the student tenant - no compromises, no conversions, just a layout that works.
Currently returning $1,200 per week, rented 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.
Contact Geraldine or Amelia to view.
Geraldine 0274730922 or Amelia 0224152359.
