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70 Heriot Row, Dunedin Central, Dunedin City

Established Income. Exceptional Student Appeal

dollar

$1,325,000

House
House
Bedroom
8
Bathroom
5
Floor area
290m2
Land area
450m2
Garage
1
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Property details

Listing # L7841885 | Listed on 12 November

This is an excellent opportunity to secure a well-established, high-performing student investment property in the sought-after Dunedin rental market.

Configured as an eight-bedroom student flat, the property continues to be a popular choice among third- and fourth-year university students, maintaining strong appeal within this established student accommodation market.

PROVEN PERFORMANCE:

The property has demonstrated consistent rental performance year on year and is currently achieving rental income of $1,680 per week for 2026, with a signed agreement increasing to $1,720 per week for 2027.

This represents annual gross rental income of:

  • 2026: $87,360
  • 2027: $89,440

The increase in rental income provides investors with an encouraging indication of the property's ongoing rental performance.

FEATURES:

The property offers eight generously proportioned bedrooms, providing an attractive accommodation layout for student tenants.

  • Four bedrooms feature their own private ensuites.
  • A modern kitchen provides appeal.
  • The main bathroom has been refreshed.
  • A spacious open-plan kitchen and living area creates an excellent communal environment.
  • A heat pump provides year-round comfort.

The combination of spacious bedrooms, excellent bathroom facilities and generous communal living areas make this a particularly appealing option for senior students seeking quality accommodation.

AN ESTABLISHED INVESTMENT:

With its proven rental history, strong appeal to third- and fourth-year students and established eight-bedroom configuration, this property offers investors an opportunity to acquire a quality income-producing asset in Dunedin.

The combination of current rental returns, an increase in secured rental income for 2027 and desirable student accommodation facilities makes this a quality investment opportunity.

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Additional features

Water closet
5 Separate toilets

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