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19 Ramsay Street, Dalmore, Dunedin City

Proven student rental investment near the Gardens

dollar

$499,000

House
House
Bedroom
4
Bathroom
1
Floor area
140m2
Land area
969m2
Garage
1
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Property details

Listing # L39927889 | Listed on 19 March

Positioned in a quiet student rental area, this well-located property offers an excellent opportunity for investors or parents looking to secure accommodation for children studying at university from 2027 onwards.

Situated close to the Gardens Shopping Precinct and within easy reach of the university, the property is ideally suited to the senior student market, an area known for consistent rental demand.

The home offers four good sized bedrooms, making it well suited to shared student living. A spacious open-plan kitchen, dining, and living area forms the heart of the home, providing a comfortable and functional communal space. At the rear of the property, a north-facing sun porch captures excellent natural light and adds an inviting additional living area.

For year-round comfort, the property is fitted with two heat pumps, along with ceiling insulation and underfloor insulation where accessible.

Currently tenanted until the end of the year at $680 per week, the property provides immediate rental income, making it a straightforward addition to an investment portfolio.

Additional features include a single garage at street level, offering valuable storage or off-street parking.

With an RV of $540,000 and priced to sell, this property represents a compelling opportunity in a consistently popular student rental location.

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