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.