Central City
6 Heriot Row, Central City, Dunedin
+40
Prime Investment Opportunity, 8.7% Gross Return
Seize this rare opportunity to secure a high-performing investment property in a prime Dunedin location. Situated at 6 Heriot Row, this exceptional property is perfectly positioned near George St, the Octagon, Forsyth Barr Stadium, the hospital and is just a short 900m walk to the university. Offering views of Dunedin CBD, this well-maintained 1,196sqm property comprises two fully let flats, generating an impressive rental income of $3,345 per week ($173,940 per annum) for 2025.
Key Investment Highlights:
- Asking Price: $1,999,000
- Gross Return: 8.7%
- Strong rental history
Property Configuration:
6 Heriot Row: Nine Bedrooms, Character-filled main house with nine spacious bedrooms, including six large studio rooms with ensuites and three standard rooms with pedestal sinks. Additional amenities include a separate full bathroom, extra shower room, separate toilet, large communal kitchen, and a dedicated laundry.
6A Heriot Row: Comprising six large studio rooms with ensuites, plus a communal kitchen-living area and a laundry cupboard.
Strong rental demand: With a solid rental history and a strong following in the student community, this property is an investors dream.
A property information memorandum is available upon request.
Do not miss out on this prime investment opportunity; contact us today for further discussion or to arrange a viewing appointment after reviewing the information.
Kees Meeuws
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Discover this exceptional property located at 6 Heriot Row, perfectly positioned near George St, The Octagon, Forsyth Barr Stadium, the hospital, and just a short 900m walk to the University.
Layout
The main house at 6 Heriot Row is filled with character and a grand staircase, 9 bedrooms including 6 studios and 3 standard rooms, a bathroom, a shower room, a communal kitchen, and separate laundry
Living areas
The addition of 6A Heriot Row, which includes 6 large studio rooms and a communal kitchen with a laundry cupboard.
Investment
Current rent income is $3195 per week ($166,140 gross) and 2025 rent income will be $3345 per week ($173,940 gross) from 6 + 6A collectively
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Property files
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