Invest in Opoho – $875 Per Week Rental Return!

Solid 1960s brick. Excellent rental income. A sought-after location - Tucked away down a private driveway in ever-popular Opoho, 25A Warden Street presents an excellent opportunity for investors seeking an established rental property with an impressive return and long-term potential in a desirable Dunedin location.

Currently returning $875 per week, equating to $45,500 in annual gross rental income, with established tenants already in place, this is certainly an opportunity worth your attention.

Built in the 1960s and constructed in solid brick, the home offers generous proportions and a flexible floor plan, currently configured with four well-sized bedrooms plus an additional bonus room, ideal as a home office, hobbies room or extra storage.

The spacious living room enjoys excellent afternoon sun, while the separate kitchen, family bathroom and dedicated laundry provide practical everyday living. New carpet throughout adds a fresh touch, complemented by original features including decorative ceilings and timber detailing.

Comfort is well catered for with a woodburner on wetback, heat pump, HRV system ceiling and underfloor insulation.

Outside, excellent off-street parking, a single carport and a basement garage provide plenty of space for vehicles and storage.

And the location is a real drawcard - Walk down the hill to the North East Valley shops, cafés and everyday amenities, or enjoy a stroll through the beautiful Dunedin Botanic Garden on your way to the University of Otago. The hospital and central city are also within easy reach, while a bus stop just down the road adds further convenience.

It's a location that offers excellent accessibility to the university, city and surrounding amenities, making it particularly appealing from a rental perspective.

Invest now. Enjoy the rental income. Hold for the future - With an established rental return of $875 per week, tenants already in place and the enduring appeal of a substantial 1960s brick home, 25A Warden Street presents a compelling opportunity to secure a well-positioned property while benefiting from an existing income stream.

Whether you're expanding your rental portfolio, looking to landbank a property in popular Opoho or considering future options for your own use, there's plenty to appreciate here.

An investment opportunity not to be overlooked. Contact us to find out more about 25A Warden Street.