647 George Street, North Dunedin, Dunedin

Buy smart in a student investment hotspot

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647 George Street, North Dunedin, Dunedin

Buy smart in a student investment hotspot

Investments For Sale

$799,000

About

Presenting an exceptional investment property in one of Dunedin's most sought-after student rental locations, just a short 5-10 minute walk to the University of Otago and a 10-minute stroll into the heart of the city, making student life easy.

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This spacious five-bedroom property boasts generously sized rooms, providing tenants with comfort and functionality for day-to-day tasks. With two well-appointed bathrooms and a large lounge that seamlessly connects to the open-plan kitchen, the layout is both practical and appealing. The laundry is conveniently positioned at the rear, and a low-maintenance concrete backyard adds to the appeal. Recent improvements include a brand-new roof, giving peace of mind and reducing future maintenance costs.

Currently rented at $900 per week for 2025, the property offers strong holding income with clear potential for rent growth in the years ahead, particularly with targeted modern interior upgrades. Whether you choose to refresh the interior or hold as-is, the fundamentals are rock-solid.

Whether you're seeking a set-and-forget investment or a strategic buy to support your children while they study in Dunedin, this is an opportunity that balances location, rental return, and long-term value. Opportunities like this are tightly held, secure a smart investment in the heart of Dunedin's education hub.

property details +

Web iD: IN12069
Approximate land area: 324m2
Approximate floor area: 175m2
Rateable value: $820,000

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Agents

Lane Sievwright

Lane Sievwright

Director, Residential and Investment Property Consultant

Mobile: 021 526 366
Direct dial:

Aimee Marsh

Aimee Marsh

Residential and Investment Property Consultant

Mobile: 027 209 3440
Direct dial:

Clayton Sievwright

Clayton Sievwright

Residential and Investment Property Consultant

Mobile: 021 191 5555
Direct dial: