Positioned on an easy-care 304sqm freehold section on the slopes of City Rise, 3 Bishops Road offers a rare combination of character, contemporary upgrades, and secure returns. Currently leased at $760 per week until 31st December 2025 (with potential to extend), this is a ready-made investment whereby all intending purchasers will appreciate the generous cash-flow, quality location, and the many enhancements that have already been undertaken on this property.
Dating back to the 1870s, this is part of Dunedin’s early architectural fabric and now stands as a carefully maintained example of Victorian craftsmanship. The home is currently configured as four bedrooms with two bathrooms, though the layout allows flexibility - easily reverting to three bedrooms with an additional living space if preferred.
Whether held as a set-and-forget investment, or secured for future occupation, this property is an astute option at this price and we welcome your enquiry to arrange a viewing, or to receive the information memorandum.