



RARE TURNKEY FOURPLEX JUST 1 MILE FROM DOWNTOWN DUNEDIN, GENERATING NEARLY $8,000/ MONTH IN RENTAL INCOME! Opportunities to acquire a fully renovated fourplex with this level of income are hard to find! Fully occupied, 3,615 sq. ft., with approximately $250,000 in renovations already completed. Four spacious 2-bedroom units (three 2/1s and one 2/2), featuring updated kitchens, bathrooms, appliances, private decks, dishwashers, and in-unit washers and dryers. Three new A/C systems, the fourth approximately five years old, plus a repaved parking lot. PRIME DUNEDIN LOCATION WITH LONG-TERM UPSIDE! Just one mile from Downtown Dunedin and less than 1.5 miles from the water, yet outside the flood zone. As Downtown Dunedin continues to grow, this property is well positioned to benefit from the area's increasing desirability. An exceptional opportunity for an investor seeking strong income, minimal maintenance, and long-term appreciation potential.
| Type | School name | District name |
|---|---|---|
| High | Dunedin High-PN | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $11529 | NZD $20,475* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to STONEBRIDGE REAL ESTATE CO
Property ID: 110121018229
Original Property ID: 3yd-MFRMLSFL-TB8562090