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40 Malvern Street, Woodhaugh, Dunedin City

Turnkey Investment with Excellent Returns

dollar

Negotiation

House
House
Bedroom
5
Bathroom
5
Floor area
206m2
Land area
673m2
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Property details

Listing # ARZ14941 | Listed on 28 November

From the street, this home appears quaint, but step inside and you’ll immediately appreciate just how generously proportioned and well-designed it truly is. Spread over two levels, this impressive property offers five large bedrooms, each with its own private ensuite, making it an exceptionally popular rental year after year.

The heart of the home is a stylish, modern open-plan kitchen, dining, and living area, featuring wooden floors throughout and excellent indoor-outdoor flow. The kitchen boasts a large island bench and abundant storage, perfect for shared living. Sliding doors open onto a private, spacious covered patio overlooking native trees - an ideal space for relaxed entertaining in any season. The flat, easy-care section adds to the property’s appeal.

A separate additional toilet enhances convenience, and the home comes with essential appliances and some furniture, including a fridge, washing machine, and dryer.

Outdoor space is equally impressive, with parking for 4+ cars and ample off-street parking - a rare and valuable asset for multi-tenant living.

The property is currently professionally serviced and maintained by a hired maintenance person plus weekly cleaner who maintains the gardens and cleaning of the common areas. These service providers can continue with the new owner, offering a seamless, low-stress transition - an appealing advantage for an investor stepping into a fully managed setup.

Just a short stroll to Woodhaugh Gardens, the bus stop, and the local dairy, this location is consistently sought after. It’s no surprise the property is tenanted at $1,250 per week ($250 per room), with strong rental interest from both current and prospective tenants eager to secure their place for next year.

This is a turnkey, high-performing investment delivering size, location, great returns, appliances, and ready-to-go setup for the new owner. Healthy homes approved!

Please contact Kimberley Rosenbrock for property documentation and to arrange a viewing.

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