Dual-income investment in prime location - 148 & 148A Dundas Street, North Dunedin | Property Investments Dunedin - Otago University & Residential Investment Specialists

148 & 148A Dundas Street, North Dunedin, Dunedin

Dual-income investment in prime location

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148 & 148A Dundas Street, North Dunedin, Dunedin

Dual-income investment in prime location

Investments For Sale

Enquiries over $900,000

About

An outstanding investment opportunity awaits with these two highly lettable flats on one title, perfectly positioned between the University and Polytechnic. This sought-after location ensures strong tenant demand year-after-year.

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At the front, you'll find a charming four-bedroom brick villa, offering character, space and a proven rental history. At the rear, a three-bedroom purpose-built flat provides additional income potential with low maintenance appeal.

Both properties feature generously sized bedrooms and are fully tenanted for 2025, bringing in a modest $1,230 per week, with scope to increase rents in 2026. With its solid rental return, prime student location, and dual-income potential, this is a future-proofed investment that ticks all the right boxes.

Don't miss this rare opportunity - get in touch today!

property details +

Web iD: IN12039
Approximate land area: 375m²
Approximate floor area: 190m²
Rateable value: $1,070,000

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Agents

Clayton Sievwright

Residential and Investment Property Consultant

Mobile: 021 191 5555
Direct dial:

Aimee Marsh

Residential and Investment Property Consultant

Mobile: 027 209 3440
Direct dial:

Lane Sievwright

Director, Residential and Investment Property Consultant

Mobile: 021 526 366
Direct dial: