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149 Queen Street, North Dunedin, Dunedin City

Excellent rental opportunity in North Dunedin

dollar

$640,000

House
House
Bedroom
4
Bathroom
1
Floor area
170m2
Land area
501m2
Title type
Freehold
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Property details

Listing # 4620487 | Listed on 22 August 2025

Spacious and well-located, this North Dunedin investment property provides a reliable income stream, currently rented at $840 per week until 31 December 2026. Ideal for investors seeking a solid student rental with strong future potential.

Property features:
•Four double bedrooms
•Bathroom with shower over the bath, plus a second toilet on the lower level
•Open-plan kitchen and dining area, located opposite the living room
•Recent investment into the property includes full rewiring, a Coloursteel roof, new hot water cylinder, new fridge, dryer, dishwasher, stove and washing machine and weatherboard maintenance
•Heat pump for year-round comfort
•Healthy Homes compliance certificate included
•Scope to modernise the interior, with potential increase to future rental value
•Verandas on both levels, offering city views and summer evening entertaining
•Prime location, just 1.6km from Otago University

This is a reliable investment opportunity combining location, functionality, and steady returns! Enquire today to arrange a viewing.

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Additional features

Roofing: Coloursteel, Profiled Metal
Exterior Cladding: Weatherboard
External Features: Balcony, Clothesline, Verandah, Garden , Water Heating - Electric, Pantry
Lot Features: Fenced Partially, Steep

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