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59 Malvern Street, Woodhaugh, Dunedin City

Tidy investment with rental upside

dollar

$475,000

House
House
Bedroom
4
Bathroom
1
Floor area
98m2
Garage
1
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Property details

Listing # L40293492 | Listed on 24 April

Tidy and well-presented throughout, this property offers a compelling opportunity for investors or those planning ahead for university living.

The home features four good sized bedrooms, a modern bathroom, and a second separate toilet, providing practicality for shared accommodation. A functional kitchen and living area, complemented by two heat pumps, ensures year-round comfort.

Positioned in a quiet location, the property enjoys direct access to Ross Creek walking tracks at the rear, offering a unique balance of lifestyle and convenience. At the same time, it is just a short, flat walk to the University of Otago and the Gardens Shopping Centre.

Currently rented at $600 per week, there is clear potential to increase returns in the near future. A rental appraisal and Healthy Homes report are available for added confidence.

With university enrolments expected to grow in coming years, this is an opportunity not to be missed - whether as a proven investment or to secure accommodation for children studying from 2026 onwards.

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