Four 1-bedroom units on a single title in central Dunedin, offering exceptional value and strong cashflow. Each unit has separate power meters, ensuring transparent utility management. The property is fully tenanted with solid rental demand in the Dunedin student market and local workforce.
A solid, reliable addition to any investment portfolio with immediate cashflow from day one.
| Purchase price | $965,000 |
| Weekly rental income | $1,415 pw |
| Annual gross income | $73,580 pa |
| Gross yield | 7.6% |
| Floor area | 220m² |
| Land area | 612m² |
| Bedrooms | 4 x 1 bedroom |
| Bathrooms | 4 |
| Rates | $10,637 pa |
| Insurance | $2,602 pa |
| Cashflow positive | $160 pw |
Dunedin is New Zealand's student city, home to the University of Otago - the country's oldest university - driving consistent and reliable rental demand year-round. The city's large student and young professional population creates one of the strongest rental markets in New Zealand relative to purchase price.
Affordable entry prices combined with high occupancy rates make Dunedin one of the best cities in NZ for cashflow-focused investors. Low vacancy, strong yields, and a tenant pool that renews annually.