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66 Royal Terrace, Dunedin Central, Dunedin City

Proven dual-income investment

dollar

$1,550,000

House
House
Bedroom
10
Bathroom
4
Floor area
210m2
Land area
422m2
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Property details

Listing # L42554445 | Listed on 3 September

Delivering strong returns and exceptional rental demand, this dual-income property presents an outstanding opportunity for investors seeking a proven performer in one of Dunedin's most sought-after student rental locations.

Comprising two self-contained flats with a total of 10 bedrooms, 4 bathrooms, and generous open-plan living areas, the property has consistently attracted quality student tenants and has always been an easy property to let for the current owners.

Returning a combined $2,200 per week for 2026, with an increase to $2,300 per week for 2027, the property offers immediate cash flow and excellent income growth. Its proven rental history, combined with the ability to comfortably accommodate groups of up to ten tenants, makes it a highly desirable investment in a consistently strong rental market.

Positioned on a high-profile corner site, the property enjoys excellent natural sunlight and the added convenience of off-street parking - a valuable feature in this popular university precinct. The location is second to none, with George Street, the University of Otago, Dunedin Hospital, cafes, restaurants, and public transport all within an easy walk. This prime position continues to underpin strong tenant demand year after year.

Whether you're looking to expand your investment portfolio or secure a reliable, high-performing asset with excellent long-term prospects, this property represents an opportunity not to be missed.

A comprehensive information pack, including the LIM report, is available upon request.

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Additional features

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Fibre availability

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Fibre
Starter

Installed

Fibre Starter 100
100/20
mbps

from
$60
per month

Fibre
500

Installed

Fibre 500
500/100
mbps

from
$89
per month

Fibre
Max

Installed

Fibre Max
900/500
mbps

from
$99
per month

Hyperfibre
2000


Hyperfibre 2000
2000/2000
mbps

from
$149
per month

Hyperfibre
4000


Hyperfibre 4000
4000/4000
mbps

from
$179
per month
Not available
Hyperfibre
8000
currently is not available at this address

Hyperfibre
8000


Hyperfibre 8000
8000/8000
mbps

from
$260
per month

Wanting to order fibre broadband before you move house?

Head to broadbandcompare.co.nz to view fibre broadband options available at this address and get connected before you move.
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