Large Cashflow Student Investment
Secure your position in the highly sought-after Dunedin student accommodation market with this exceptional seven-bedroom investment opportunity, situated mere blocks from the University of Otago and the Medical Precinct. This property is strategically positioned for maximum tenant appeal, offering the convenience of a short walk to central campus while also providing the valuable asset of several on-site car parks.
Its established history as a rental provides a solid foundation, featuring consented additions downstairs that ensure the entire operation is fully compliant and geared for hassle-free ownership. The spacious bedrooms, dual bathrooms, combined with modern essentials like two heat pumps and a comprehensive ventilation system, ensure the flat remains warm, dry, and desirable year-round, easily meeting the demand for quality student living.
This investment offers immediate, quantifiable financial security. The property is secured on a fixed tenancy for the entire 2026 academic year, delivering a strong and reliable gross return of $1,330 per week.
For the discerning investor, transparency and due diligence are paramount. We have comprehensive documentation available, including a Building Report, LIM Report, Healthy Homes Report, and Electrical Report. Recent wiring upgrades have been undertaken, and the property fully complies with all Healthy Homes Standards, providing peace of mind and significantly de-risking the acquisition. This is a robust, compliant, and high-performing asset ready to be transferred to its next owner.
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.