9 Ethel McMillan Place, Dunedin North, Dunedin City

Blue chip location

8
3
OSP
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8
3
OSP

9 Ethel McMillan Place, Dunedin North, Dunedin City

Blue chip location

University Investments For Sale

$1,450,000

About

Nestled just moments from the University's Central Library, this premium student rental has provided a seamless investment experience for its current owner over the past 14 years. Situated in one of the most sought-after streets on campus, this well-maintained property comprises two thoughtfully designed flats, each offering modern comforts and strong rental appeal.

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Downstairs, a spacious five-bedroom, two-bathroom flat featuring an open-plan living and dining area, designed for both comfort and functionality. Double glazing ensures warmth and energy efficiency, while the private, fenced courtyard provides an inviting outdoor space - perfect for summer BBQs and social gatherings.

Upstairs, bathed in natural light, the upper-level flat boasts three well-proportioned bedrooms, a modern bathroom, and an open-plan living area that flows seamlessly onto a generous northwest-facing deck - ideal for entertaining or relaxing in the sun.

Both flats come fully chattelled and include a designated off-street car park, adding to their convenience and tenant appeal. Currently leased through to 31st December 2025, this high-performing investment generates a combined weekly rental of $1,790, ensuring strong and consistent returns.

Opportunities like this - offering location, quality, and proven rental history - are rare. Secure your place in one of the most desirable student rental precincts today.

Full information pack available, including a building report and LIM.

property details +

Web iD: DO12015
Approximate land area: 228m2
Approximate floor area: 185m2
Rateable value: $1,030,000
Rates (DCC): $6,531.31
Rates (ORC): $1,008.76

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Agent

Lane Sievwright

Lane Sievwright

Property Consultant

Mobile: 021 526 366