2D St David Street, Dunedin North, Dunedin City

Student accommodation - Exceptional investment opportunity

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2D St David Street, Dunedin North, Dunedin City

Student accommodation - Exceptional investment opportunity

University Investments For Sale

$675,000

About

This well-constructed, purpose-built student residence offers a high-quality, low-maintenance investment in a prime location. Situated within a complex of four units, this modern brick-exterior property was built in 2013 and is designed for both comfort and convenience.

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The ground floor is designed for both style and function, featuring a seamless open-plan kitchen, dining, and living space - the ultimate hub for modern living. A separate laundry is tucked away in the hallway, alongside extra storage beneath the staircase. Also on this level, a spacious bedroom comes complete with a wardrobe and private ensuite, offering both comfort and convenience.

Upstairs, two oversized bedrooms each boast their own wardrobes and ensuites, delivering the perfect balance of privacy and practicality. Positioned to soak up the northern sun, this property features double glazing throughout, a designated car park, and additional street parking - maximizing tenant appeal and rental returns.

Located just a two-minute walk from the University of Otago, this highly sought-after investment is rented for 2025 at $780 per week.

Whether you're looking for a secure accommodation option for your children during their studies or seeking a reliable, low-maintenance addition to your investment portfolio, this property presents an outstanding opportunity.

Contact us today for your information pack and viewing time.

property details +

Web iD: DO11990
Approximate floor area: 109m2
Rateable value: $675,000
Rates (DCC): $3,725.98
Rates (ORC): $445.43

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Agents

Aimee Marsh

Aimee Marsh

Property Consultant

Mobile: 027 209 3440
Direct dial: 03 470 2520

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366

Clayton Sievwright

Clayton Sievwright

Property Consultant

Mobile: 021 191 5555
Direct dial: 03 4702517