For sale
23 Duncan Street,
Dunedin Central, Dunedin City
Enquiries Over $785,000
Property details
-
Agents
Ray White Dunedin: Proven Realty Limited Licensed (REAA 2008)
12 Wharf Street, Dunedin Central Dunedin City 9016
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Chattels
- Stove
- Rangehood
- Extractor Fan
- Dishwasher
- Heated Towel Rail
- Light Fittings
- Drapes
Income, Location & Investment Potential
Proven Income. Central Location. Significant Potential.
Now Offers Over $785,000
What would you look for in your next investment?
- Strong rental income?
- A central location?
- Established tenant demand?
- Or simply a property where the numbers deserve a closer look?
23 Duncan Street brings all four together.
Positioned close to the heart of Dunedin, this substantial nine-bedroom property offers an opportunity to secure an established income-producing asset with potential gross rental income of approximately $95,000 per annum.
At an asking price of $785,000+, that equates to a potential gross yield of approximately 12.1% when fully occupied.
And with a GV of $910,000, the property offers an interesting proposition for investors looking for value as well as income.
The numbers are only part of the story.
The property's central location places it within easy walking distance of the University of Otago, Dunedin CBD, public transport, cafés and local amenities, supporting ongoing tenant demand.
Inside, the property provides:
- Nine generous bedrooms across three levels
- Potential gross rental income of approximately $95,000 p.a.
- Established tenancy history, including several long-term residents
- Communal lounge with heat pump and access to a sunny deck
- Spacious rear garden
- Functional shared kitchen
- Two shared bathrooms
- Ceiling insulation
- Wall-mounted heaters, microwaves and bar fridges in each bedroom
- Selected bedrooms with their own hand basins
For investors, the appeal is the combination of scale, income and location in one property.
Whether you're an experienced investor looking to add another income-producing property to your portfolio, or you're searching for an investment with strong cash-flow potential, 23 Duncan Street is well worth a closer look.
$785,000+ | Potential $95,000 p.a. income | GV $910,000
The numbers speak for themselves. Now is the time to take a closer look.
Now Offers Over $785,000
What would you look for in your next investment?
- Strong rental income?
- A central location?
- Established tenant demand?
- Or simply a property where the numbers deserve a closer look?
23 Duncan Street brings all four together.
Positioned close to the heart of Dunedin, this substantial nine-bedroom property offers an opportunity to secure an established income-producing asset with potential gross rental income of approximately $95,000 per annum.
At an asking price of $785,000+, that equates to a potential gross yield of approximately 12.1% when fully occupied.
And with a GV of $910,000, the property offers an interesting proposition for investors looking for value as well as income.
The numbers are only part of the story.
The property's central location places it within easy walking distance of the University of Otago, Dunedin CBD, public transport, cafés and local amenities, supporting ongoing tenant demand.
Inside, the property provides:
- Nine generous bedrooms across three levels
- Potential gross rental income of approximately $95,000 p.a.
- Established tenancy history, including several long-term residents
- Communal lounge with heat pump and access to a sunny deck
- Spacious rear garden
- Functional shared kitchen
- Two shared bathrooms
- Ceiling insulation
- Wall-mounted heaters, microwaves and bar fridges in each bedroom
- Selected bedrooms with their own hand basins
For investors, the appeal is the combination of scale, income and location in one property.
Whether you're an experienced investor looking to add another income-producing property to your portfolio, or you're searching for an investment with strong cash-flow potential, 23 Duncan Street is well worth a closer look.
$785,000+ | Potential $95,000 p.a. income | GV $910,000
The numbers speak for themselves. Now is the time to take a closer look.
Inspections
Explore the area
School catchments
- St Joseph's Cathedral School Primary Years 1-6 State integrated 0.14km
- Trinity Catholic College Secondary Years 7-15 State integrated 0.24km
- Otago Girls' High School Secondary Years 9-15 State 0.33km
- Arthur Street School Full primary Years 1-8 State 0.38km
- Otago Boys' High School Secondary Years 9-15 State 0.56km
- St Hildas Collegiate Secondary Years 7-15 State integrated 1.2km
- Kaikorai School Primary Years 1-6 State 1.2km
- Columba College Composite Years 1-15 State integrated 1.4km
- Mornington School Primary Years 1-6 State 1.7km
- Balmacewen Intermediate Intermediate Years 7-8 State 1.9km
- St Mary's School (Dunedin) Primary Years 1-6 State integrated 2.0km
- St Francis Xavier School (Mornington) Primary Years 1-6 State integrated 2.1km
- Māori Hill School Primary Years 1-6 State 2.1km
- Bradford School Primary Years 1-6 State 2.2km
- John McGlashan College Secondary Years 7-15 State integrated 2.3km
- Kaikorai Valley College Secondary Years 7-15 State 2.3km
- Carisbrook School Full primary Years 1-8 State 2.3km
- George Street Normal School Primary Years 1-6 State 2.3km
- Wakari School Primary Years 1-6 State 2.5km
- Balaclava School Primary Years 1-6 State 2.6km
- Bathgate Park School Full primary Years 1-8 State 2.7km
- Kings High School (Dunedin) Secondary Years 9-15 State 3.0km
- Logan Park High School Secondary Years 9-15 State 3.0km
- Bayfield High School Secondary Years 9-15 State 3.1km
- Queen's High School Secondary Years 9-15 State 3.1km
- Te Kura Kaupapa Māori o Te Rau Toroa Composite Years 1-15 State 7.1km
- Amana Christian School Composite Years 1-15 Private 11.0km
- Taieri College Secondary Years 7-15 State 11.2km
- East Otago High School Secondary Years 7-15 State 47.5km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Xiaoyan Lai
Contact Xiaoyan Lai
Xiaoyan Lai
23 Duncan Street, Dunedin Central 9012
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Xiaoyan Lai
23 Duncan Street, Dunedin Central 9012