Prime Investment Opportunity
Asking price $699,000
When it comes to investing in property, location, rentability, and cash flow are key"and 3 Drummond Street ticks all the boxes. Just a five-minute walk to George Street and the University of Otago library, this property is ideally positioned in one of Dunedin's most sought-after student rental locations.
The home offers five generous bedrooms, two bathrooms, and a spacious living area"ideal for shared living. The kitchen and bathrooms are both tidy and practical.
Currently returning $940 per week with a fixed tenancy for 2025 and 2026 in place until 30 December 2026. This is a turnkey investment offering immediate and reliable income in a high-demand area.