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63 Malvern Street, Woodhaugh, Dunedin City

Proven seven-bedroom student investment

dollar

$939,000

House
House
Bedroom
7
Bathroom
2
Floor area
110m2
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Property details

Listing # L40644015 | Listed on 7 August

Positioned on a well-utilised 425m2 (+/-) freehold section, this established seven-bedroom, two-bathroom investment property presents an outstanding opportunity to secure a proven performer. Configured to suit the student rental market, the property combines practical living, quality improvements, and a layout designed to maximise tenant appeal and deliver consistent rental returns.

The main residence comprises four generously proportioned bedrooms, each thoughtfully appointed with built-in wardrobes, study desks, wall-mounted TVs, and individual heaters. The spacious living area, complemented by both a heat pump and wood burner, flows effortlessly into the modern kitchen, creating a practical and comfortable shared living environment.

The real point of difference lies beyond the main home, where three high-spec standalone sleepouts provide additional accommodation while creating an attractive communal outdoor setting. Each sleepout is fitted with built-in wardrobes, study desks, wall-mounted TVs, and heaters, offering comfortable, well-appointed spaces that continue to appeal to tenants. Expansive decking, built-in bench seating, picnic tables, and two storage sheds complete the outdoor area, adding both functionality and a welcoming space for tenants to enjoy.

Currently returning $1,330 per week for 2026, with rents already advertised at $1,365 per week for 2027. Whether you're looking to expand your portfolio or secure a high-performing investment with reliable income from day one, this is an opportunity not to be missed.

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