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11 Grove Street, Saint Kilda, Dunedin City

Double the Income, Zero the Stress – Art Deco Mastery

dollar

Negotiation

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

Listing # 39171 | Listed on 18 February

For sale by Online Auction

The Online Auction is under way and digital bidding starts immediately and concludes at the Final Bidding Stage. It is recommended to register a starting bid early to avoid disappointment. Bids conditional on pre-approved finance are permitted subject to seller approval.

This exceptional 1940’s Art Deco property represents a rare opportunity to secure a high-performing, dual-income asset in a sought-after, quiet residential pocket. Comprising a three-bedroom and a two-bedroom flat, the property yields a combined projected rent of $1,250 per week. With the building featuring one flat upstairs and one downstairs, the layout provides excellent privacy and separation, making it a consistent favorite for the high-caliber working professionals who frequent the area.

The property seamlessly blends vintage character with modern performance. The plaster exterior has been recently repainted, and the interiors have been modernised throughout to ensure a contemporary living experience. High comfort levels are guaranteed by near-total double glazing and sun-drenched living zones. Furthermore, the property is fully compliant with Healthy Homes standards, providing a "turn-key" investment that requires no immediate capital expenditure.

To streamline your acquisition process, a comprehensive due diligence suite is included within this memorandum. Detailed Building, LIM, and Electrical reports are provided, alongside the Healthy Homes Compliance Report. With dedicated off-street parking for each unit and a location that balances tranquility with urban convenience, this is a robust addition to any portfolio, offering both immediate yield and long-term capital stability.

The property is open for Buyers to register and submit a bid from now until 6:00 pm, 12 March 2026 when the Final Bidding Stage will commence (unless brought forward by the Vendor). Contact the sales agent early to become qualified.

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

Please contact me today to discuss this premium asset further and arrange your private viewing appointment once the information has been reviewed.

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