Central City
57A Cargill Street, Central City, Dunedin
+23
5 bedroom prime CBD investment opportunity
Located in an enviable inner city position, this 1970s property offers the perfect blend of convenience and potential. Just a short walk from the University, Hospital, Dental School, and the vibrant town centre, this property is ideally situated for students and professionals alike.
The lower level welcomes you with three generous double bedrooms, a study/chillout area, a bathroom with laundry area. Upstairs, you will find two additional bedrooms, ensuring ample space for multiple tenants. The large open plan kitchen, dining, and living area, flows seamlessly into a conservatory, offering stunning city and harbour views, a rare feature that adds to the propertys appeal.
With its original interior, this property presents a unique opportunity for savvy investors to undertake soft renovations, enhancing its value and appeal while securing strong capital gains, something increasingly scarce in Dunedins competitive market.
Additional features includes off-street parking for a car and a second space perfect for scooters, a highly sought-after amenity in this central location.
Do not miss this chance to invest in a high demand student rental, offering both immediate returns and future growth potential.
Rental appraisal for 2025 - $850 to 950 per week.
Kees Meeuws
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Just a short walk from the University, Hospital, Dental School, and the vibrant town centre, this property is ideally situated for students and professionals alike.
Open plan
The large open-plan kitchen, dining, and living area flows seamlessly into a conservatory, offering stunning city and harbour views, a rare feature that adds to the property’s appeal.
Layout
The lower level welcomes you with three generous double bedrooms, a study/chillout area, a bathroom with laundry area. Upstairs, you'll find two additional bedrooms.
Potential
With its original interior, this property presents a unique opportunity for savvy investors to undertake soft renovations, enhancing its value and appeal while securing strong capital gains
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Property files
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