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112 Union Street, North Dunedin, Dunedin City

Tightly held. Rarely available

dollar

$1,235,000

House
House
Bedroom
7
Bathroom
2
Floor area
160m2
Land area
296m2
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Sunday
4:00pm - 4:15pm
29
Mar

Property details

Listing # L39917628 | Listed on 26 March

Positioned at the very epicentre of campus life, this seven-bedroom investment represents a high-performing asset purpose-built to meet the unwavering demand of the student accommodation market.

The ground floor immediately sets the tone, opening into a generous open-plan living and kitchen area designed for both durability and tenant appeal. The kitchen has been tastefully modernised, while the lounge offers a warm, inviting atmosphere reminiscent of a refined alpine retreat. This level is further complemented by two bedrooms, a full bathroom incorporating laundry facilities, and a separate toilet. An efficient and practical configuration for a high-occupancy setting.

Upstairs, the property continues to impress five additional bedrooms, serviced by a second bathroom and separate toilet. Each room is thoughtfully fitted with built-in desks and wardrobes, catering directly to student expectations and reinforcing the property's purpose-driven design.

What truly sets this investment apart is its rare combination of scale, location, and convenience. Off-street parking for four vehicles is a significant advantage in this tightly held precinct - an increasingly scarce feature that enhances tenant appeal and underpins long-term demand. The location is exceptional. Just a one-minute walk to the Commerce Building, two minutes to the University Library and Polytechnic, and a short 5-minute stroll to Unipol and the Logan Park sports grounds. This blue-chip location ensures consistent occupancy and ongoing rental resilience. Currently returning $1,490 per week on a fixed-term tenancy through to 11th December 2026, rental appraisal available for 2027.

With proven performance, a highly functional layout, and an unrivalled location, this is an investment that aligns seamlessly with the core fundamentals of the student housing market: proximity, practicality, and sustained demand. A true blue-chip addition to any portfolio.

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