142 and 142A St David Street, North Dunedin, Dunedin

High-quality investment opportunity

An exceptional opportunity lies here for astute investors to add to their student investment portfolio. Situated in a prime location next to the University of Otago and Otago Polytechnic, this sought-after student investment property consists of two well-maintained 4-bedroom homes.

Tenants enjoy modern living spaces, spacious double bedrooms, an outdoor BBQ area, year-round temperature control with double glazing, a sunny aspect, and convenient onsite parking. Both flats are well heated, with the bottom flat offering heat pumps in all bedrooms. This property is a real stand-out in the competitive Dunedin student rental market.

Located in the bustling Campus Precinct, this property is strategically positioned near educational institutions, as well as various hospitality, retail, recreational facilities, and entertainment options. The diligent efforts of our vendors to maintain the property to a high standard have paid off with high-quality tenants in place.

These attractive dual homes present a compelling investment opportunity for seasoned investors looking to expand their portfolio or newcomers entering the market. With a solid rental income secured until the end of 2024, this property also offers the opportunity for future rental growth.

Contact us for further information and set viewing times.