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11 Grove Street, Saint Kilda, Dunedin City

8.0% - Double the Income - Art Deco Mastery

dollar

Asking Price $819,000

House
House
Bedroom
5
Bathroom
2
Floor area
170m2
Land area
300m2
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Property details

Listing # 39171 | Listed on 18 February

Rent: $1,260 Per Week | Two Modernised Flats

Savvy investors and lifestyle seekers, take note. This isn’t just a property; it’s a high-performing asset wrapped in timeless 1940s Art Deco soul. Fully modernised, meticulously maintained, and boasting a "Plaster over Brick & Timber" construction, this dual-income powerhouse is ready for its next chapter.

Layout: Two Flats, One Great Opportunity - Comprising a 3-bedroom flat and a 2-bedroom flat, the configuration offers flexibility and privacy.
• Upstairs: Currently occupied by reliable tenants through to 13 September 2026.
• Downstairs: New tenants are secured until 27 January 2027.
• Parking: No street-side scuffles here - each flat comes with its own dedicated off-street car park.

Modern Comfort Meets Vintage Style - Forget the maintenance headaches usually associated with character homes. This building has been brought firmly into the 21st century:
• Warm & Quiet: Almost fully double-glazed with sun-drenched living areas.
• Freshly Updated: The entire exterior has just received a professional-level paint job.
• Healthy Homes Certified: Fully compliant and ready to rent from day one.
• Professional Appeal: Located in a peaceful, sought-after neighbourhood that has a proven track record of attracting working tenants.

Due Diligence Done For You – We have cleared the path so you can bid with confidence. A comprehensive property pack is available immediately, including:
• Full Building Report
• LIM Report
• Electrical Report
• Healthy Homes Compliance Report

Don’t let this $1,260/week opportunity pass you by.

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.

Please contact me today to discuss this prime dual-income stream further and arrange your private viewing appointment once the information has been reviewed.

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Additional features

Other park
2 other parks

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Fibre
Starter

Installed

Fibre Starter 100
100/20
mbps

from
$60
per month

Fibre
500

Installed

Fibre 500
500/100
mbps

from
$89
per month

Fibre
Max

Installed

Fibre Max
900/500
mbps

from
$99
per month

Hyperfibre
2000


Hyperfibre 2000
2000/2000
mbps

from
$149
per month

Hyperfibre
4000


Hyperfibre 4000
4000/4000
mbps

from
$179
per month

Hyperfibre
8000


Hyperfibre 8000
8000/8000
mbps

from
$260
per month

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