Offered to the market for the first time in 35 years, this six-bedroom student apartment presents a rare opportunity to secure a well-established, income-generating property in a prime location.
Currently fully tenanted at $200 per room, per week, it provides immediate income from day one. The multi-level layout includes six bedrooms, two bathrooms, and a shared lounge flowing to an indoor–outdoor area. Just a five-minute walk to Otago University, the property enjoys consistent rental demand, with the added benefit of off-street parking makes it ideal for student living.
While already performing, there is clear scope to add value over time through cosmetic updates, allowing you to further maximise returns.
Whether you’re expanding your portfolio or stepping into student accommodation investment, this is a proven performer with upside potential in a consistently high-demand location.
