Positioned in a sought-after student precinct just minutes from the University and Gardens Shopping Centre, this purpose-built four-studio apartment presents an attractive investment opportunity with strong rental demand and significant future income upside.
Currently rented for 2026 at $950 per week (less landlord costs), the property has been meticulously maintained and consistently attracts quality tenants year after year. With individual studio-style accommodation and excellent amenities, there is clear potential for further rental growth, with comparable studios achieving approximately $295–$350 per room per week. This provides investors with an opportunity to substantially enhance returns over time.
Spread across three levels, the layout has been thoughtfully designed to maximise privacy and functionality. The ground floor features a modern shared kitchen with walk-in pantry, open-plan dining and living area, separate laundry, and the comfort of a heat pump for year-round climate control. Outdoor access leads to a private courtyard area, providing additional space for tenants to relax and unwind.
The second level offers two generously sized studio bedrooms, each complete with its own ensuite bathroom, built-in wardrobe, study desk, and kitchenette facilities. One studio enjoys a private balcony, while the other benefits from its own external access. The top floor mirrors this successful design, with two further studio bedrooms featuring ensuites, built-in storage, study spaces, kitchenette facilities, and balconies that capture elevated views and excellent sun.
Constructed with quality materials and double glazing throughout, the apartment offers low-maintenance ownership and enduring tenant appeal. The elevated position provides attractive outlooks while remaining within easy walking distance of the University, public transport, cafes, and local amenities.
A proven performer with an established rental history, strong occupancy appeal, and genuine scope to increase income, this is an investment opportunity that deserves serious consideration. Secure a quality asset in a high-demand location and unlock its full earning potential. Inspection is highly recommended.
*** Prior Offers Considered ***
Public Download Link: https://www.ganeshrout.co.nz/current-listings/7-73-buccleugh-street-north-east-valley-dunedin
