This stress-free entry into the Dunedin student property market could not be easier. Whether you are a parent securing a home for your university-bound kids or a savvy investor looking for a high-yield, low-maintenance asset, 6 Chambers Street ticks the boxes.
Tenanted for $545 per week until 12 January 2027 on a fixed lease, the property returns a desirable 7.2% gross yield. With future internal refurbishments offering higher gains, plus the swelling University enrolments promising increasing demand, the property stands out as an affordable entry level investment with options to grow.
The hard work has already been done for you. The entire exterior of the property has just been recently painted, including all window frames, providing good street appeal and protecting your investment for years to come. Inside, a modernised kitchen and bathroom and open plan living space, plus the efficiency of gas hot water, appeal to the sitting tenants.
Located in the popular student suburb of North East Valley, it’s a flat, easy 20-minute walk to the central Otago University campus, while local amenities such as the New World supermarket and suburban eateries are just minutes away. For a faster commute, the bus service runs every 15 minutes along the main North Road to the city centre.
Total Compliance, Zero Stress: All maintenance and compliance requirements will be met prior to settlement and the vendor is supplying a full suite of reports including:
- Healthy Homes Report
- Comprehensive Building Report
- Electrical Report
- LIM Report
For University Parents - why pay someone else's mortgage? Secure a warm, safe, and freshly updated 3-bedroom flat for your children while they study, and reap the capital rewards.
For First-Time Investors - an incredibly affordable, high-yield entry level investment with all the compliance and external maintenance headaches completely taken care of.
Properties with this level of compliance, recent updates, and a 7%+ yield do not stay on the market long as proven by our recent sales. Don't miss out on this turnkey Dunedin investment.
Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.
Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.
