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ID#590897
B/829 Cumberland Street,
North Dunedin
Dunedin
Enquiries over $550,000
3
1
Approx
90m²
(≈968.75 sq.ft.)
proudly marketed by
Matt Morton
Matt Morton & Co Limited
Period aesthetic built in 1975
Step into a slice of history with this charming semi-detached property nestled at 829B Cumberland Street, North Dunedin. Boasting a quintessentially colonial aesthetic despite its 1975 construction, this delightful student flat is designed with a nod to yesteryear featuring weatherboard cladding, enchanting dormer windows, and a welcoming verandah out front.
Perfectly positioned for savvy investors or discerning parents seeking a comfortable dwelling for their progeny, this residence offers three cosy bedrooms, a well-appointed bathroom, and the convenience of a dedicated parking space tucked around the rear.
The home's proximity to the University of Otago makes it an ideal student let, ensuring a steady demand and minimal vacancies. Current tenants value the blend of historical charm and modern living, reflected in a robust rental yield of $650 per week, with the added bonus of $25 per week for the parking space leased separately.
The quaint front garden adds a touch of greenery and a pleasant visual ambience to this urban property. With such a prime location and enduring appeal, this property promises to be a wise addition to any property portfolio or the perfect home away from home for university students. Secure your investment in this piece of North Dunedin heritage today.
Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.
Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
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Agent
Matt Morton
Matt Morton & Co Limited
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Matt’s inception into real estate started in 2011. With 22 years of business and commercial management experience, Matt has developed a reputation in the real estate sector for a very high level of quality and professionalism and introduced a residential investment selling strategy that still exceeds buyers’ and clients’ expectations.
He is trusted by clients nationwide and abroad to deliver a smooth sales process leading to record sales, and his local knowledge and understanding of the market is called upon by an array of stakeholders throughout the investment property sector. Matt continues to command the respect of his peers; professional colleagues and the wider investment community.
read moreThis property was photographed by
Ewen Livingstone
Media Specialist
Otago and Southland
ID#590897
B/829 Cumberland Street,
North Dunedin
Dunedin
Enquiries over $550,000
proudly marketed by
Matt Morton
Matt Morton & Co Limited