Quintessential Student Performer

Located in the absolute heart of the University of Otago campus, this quintessential four-bedroom cottage represents a turnkey addition to any student investment portfolio. Savvy investors recognize this specific pocket of Dunedin as a "blue-chip" student rental location where tenant demand is always at its highest. This property distinguishes itself by offering immediate peace of mind; following a comprehensive professional exterior repaint and the installation of a brand-new roof in 2025, the significant capital expenditure typically associated with older property has been addressed for decades to come.

Beyond the structural integrity, the property is fully compliant with Healthy Homes Standards, supported by an independent report and certificate. The four-bedroom configuration is a strategic "sweet spot" in the Dunedin market, consistently attracting discerning students looking for that perfect flatting experience. Detailed due diligence is made easy with a comprehensive LIM, Electrical Report, and compliance documentation all readily available for review.

From a financial perspective, the property is currently secured on a fixed tenancy until 31 December 2026 at $760 per week. While providing immediate, guaranteed cash flow, this rate sits noticeably below current market levels, offering the incoming owner a clear and predictable pathway for a significant rent lift in 2027. A supporting rental appraisal is available suggesting the rent could be $800 - $820 per week. This is a solid opportunity to secure a low-maintenance, quintessentially Dunedin investment that balances historical charm with modern compliance and untapped yield potential.

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.