Featuring stunning views over Central Dunedin and out to the harbour, these two separate units present a sterling opportunity for the astute investor. Constructed in 2017, each title boasts a modern flat of four bedrooms and two bathrooms, accompanied by the convenience of a dedicated car park – a rare commodity in such a sought-after location. These immaculate units can be purchased individually or together, depending on the strategy of your property portfolio.
Just a short walk from the bustling CBD, this property strikes the perfect balance between the excitement of city life and the serene retreat of a private modern dwelling. While appealing to young professionals seeking the allure of Central Dunedin living, the tenants include a healthy mix of students looking for a quieter alternative to the busy student campus area. The proximity to the University of Otago and the city have made these units a perennial favourite among students.
Tenants have been drawn to the warm and inviting ambience of these homes, further accentuated by double glazing, fully insulated walls and spacious rooms – a feature that ensures their continued desirability. The proven track record of long-term tenancies translates to a reduction in turnover, presenting an ease of management that is invaluable to investors. Both are secured on fixed tenancies until the end of the year.
With their low maintenance appeal and consistent rental demand, 47A & 47B Canongate stand as enviable assets in the world of investment property. Secure your piece of Dunedin's real estate market and reap the rewards of this wise investment.
Deadline Sale: Closing 4:00 pm, 29th May 2025 (unless sold prior).
Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.
Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
