131 London St, Dunedin Central, Otago

For Sale

131 London St, Dunedin Central, Otago

$899,000

493 m²

House

•

30+ days on the market

What's around 131 London St

Cashflow $1,224 pw in a Proven Location

131 London Street presents a compelling opportunity for investors and home-and-income buyers seeking a well-located property with reliable returns and future flexibility. Positioned just moments from the University, Polytech, Hospital, Moana Pool, Otago Boys & Otago Girls high schools, and the CBD, this is a location that continues to underpin consistent tenant demand. The property offers six bedrooms (including a separate sleepout), two bathrooms, and a separate laundry, with a spacious open-plan kitchen, and living area with external access. A heat pump ensures year-round comfort, while the semi-renovated interior provides a balance of modern convenience with scope to further enhance value over time. A key standout is the dual access — from both London Street and Queens Drive via the Moana Pool car park — adding practicality for tenants and long-term appeal from an investment perspective. Currently rented at $1,224 per week until the end of 2026, the property delivers approximately $63,600 per annum, providing immediate cashflow and income security. Whether you’re looking to secure a solid-performing investment in a blue-chip rental area or explore a versatile home-and-income opportunity, 131 London Street offers location, income, and potential in equal measure. *** Viewings by Appointment Only *** Public Download Link: https://www.ganeshrout.co.nz/current-listings/131-london-street-dunedin-central-dunedin