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North East Valley

18 Cornhill Street, North East Valley, Dunedin

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4 Bedrooms
2 Bathrooms
1 Parking
174sqm Land area SQM
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Income earner in the heart of the Valley


Unlock a proven, income-generating investment in the heart of North East Valley - an area renowned for reliability, strong tenant appeal and long-term performance. Enjoy exceptional convenience with Gardens New World, cafés, restaurants, the Botanical Garden and local schools all a short stroll away. University of Otago just minutes by bike - a location that consistently attracts quality tenants.

This freehold property features four spacious bedrooms with functional communal areas and a sunny patio, offering an inviting spot for fresh air, relaxation and outdoor downtime. All rooms come fully furnished and has their own kitchenette, mini fridge and wall panel heater - ensuring comfort and convenience while boosting rental desirability. One of the bedrooms features its own ensuite, kitchenette and direct external access - perfect for tenants seeking privacy and semi-independent living.

A generous standalone garage provides an excellent added bonus.
The low-maintenance grounds and flexible living arrangements suit groups, families or mixed-living setups perfectly.

Currently rented at $635 per week.

For those wanting to increase returns, there is potential for upgrades to further enhance appeal and boost income.

This is a standout investment opportunity in one of Dunedin's most sough-after rental suburbs. Contact us for information pack or to book a viewing.

Offers/Enquiries Over NZ$429,000
Racee Ngiam

Racee Ngiam

Residential Sales

Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Yafei Liu

Yafei Liu

Residential Sales

Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008

Viewing details

14
Dec
Open home
Time
3.30-4pm
Calander
Calendar

Features

Local amenities


Walking distance to Gardens New World, cafes, restuarants, botanical garden, schools. Close to University and short drive to CBD.

Parking


Single garage plus street parking.

Heating


Each room has a wall panel heater.

Garden


Minimum gardening for easy living, with potential to create a small garden if preferrred.

Have your questions answered

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Property files

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