Currently rented at $840 per week until 31 December 2026, the property offers immediate income in a consistently popular rental location just up the hill from the University of Otago.

The home features four generous double bedrooms, a fifth smaller possible bedroom, a bathroom with shower over bath, and the added convenience of a second toilet on the lower level. The open-plan kitchen and dining area sits opposite the separate living room, while a heat pump provides year-round comfort for tenants.

Significant investment has already been made into the property, including full rewiring, a Coloursteel roof, new hot water cylinder, and replacement of key appliances including the fridge, dishwasher, dryer, stove, and washing machine. Weatherboard maintenance has also been completed, and a Healthy Homes compliance certificate is available.

Adding further appeal, verandas on both levels provide pleasant city views and excellent spaces for summer evening entertaining.

While comfortable and functional as is, the property still offers scope to modernise the interior and further enhance future rental returns.

Combining strong location, functionality, and dependable income, this is a smart addition to any investment portfolio.

Enquire today to arrange your viewing or request the full information pack.

Web iD: IN12278
Approximate land area: 501m²
Approximate floor area: 170m²
Rateable value: $630,000