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57A Cargill Street, Dunedin Central, Dunedin City, Otago, 5 Bedrooms, 2 Bathrooms, Townhouse

$649,000 +

57A Cargill Street, Dunedin Central, Dunedin City, Otago

5
2
140m2
524m2
TownhouseListed on Thu Aug 22

Dunedin Central 5 Bedroom 5 bedroom prime CBD investment opportunity

Located in an enviable inner city position, this 1970s property offers the perfect blend of convenience and potential. Just a short walk from the University, Hospital, Dental School, and the vibrant town centre, this property is ideally situated for students and professionals alike.

The lower level welcomes you with three generous double bedrooms, a study/chillout area, a bathroom with laundry area. Upstairs, you will find two additional bedrooms, ensuring ample space for multiple tenants. The large open plan kitchen, dining, and living area, flows seamlessly into a conservatory, offering stunning city and harbour views, a rare feature that adds to the propertys appeal.

With its original interior, this property presents a unique opportunity for savvy investors to undertake soft renovations, enhancing its value and appeal while securing strong capital gains, something increasingly scarce in Dunedins competitive market.

Additional features includes off-street parking for a car and a second space perfect for scooters, a highly sought-after amenity in this central location.

Do not miss this chance to invest in a high demand student rental, offering both immediate returns and future growth potential.

Rental for 2025 - $875 per week.

Location

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Council Data

View typeNo appreciable view
ContourEasy/Moderate rise
Floor area140m²
Decade of construction1976
TitleOT6C/800
Type of titleCross-Lease
Legal descriptionFLAT A HAVING 1/3 INT IN 524 SQ METRES BEING PT SEC 15 BLK XX TN OF DUNEDIN
CouncilDunedin
Estate descriptionFSIM,1/3,PART SECTION 15 BLOCK XX TOWN OF DUNEDIN,524m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Hildas Collegiate
0.37 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 382
10
Trinity Catholic College
0.58 km
Secondary
7-15
Government
Co-Educational
EQI: 429
8
Arthur Street School
0.59 km
Primary
1-8
Government
Co-Educational
EQI: 429
6
Otago Girls' High School
0.61 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Columba College
1.00 km
Combined
1-13
Government
Co-Educational
EQI: 390
10
John McGlashan College
1.67 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 386
10
Logan Park High School
2.28 km
Secondary
9-15
Government
Co-Educational
EQI: 435
7
Liberton Christian School
2.68 km
Primary
1-8
Government
Co-Educational
EQI: 391
7
Dunedin Rudolf Steiner School
5.09 km
Primary
1-8
Government
Co-Educational
EQI: 420
9

Property history

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Surrounding facilities

Cargill Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
A/7 Royal Terrace, Dunedin Central
0.47 km
3
2
-m2
Year 2024 Month 12 Day 20
-
Council approved
379 Rattray Street, Dunedin Central
0.36 km
3
2
170m2
Year 2024 Month 11 Day 21
-
Council approved
30 Erin Street, Roslyn
0.50 km
2
2
-m2
Year 2024 Month 11 Day 11
$750,000
Council approved
44 Littlebourne Road, Roslyn
0.42 km
4
3
-m2
Year 2024 Month 10 Day 03
-
Council approved
11 Elm Row, Dunedin Central
0.47 km
3
1
97m2
Year 2024 Month 09 Day 27
-
Council approved

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Ref:4602825Last update:2024-12-05 12:35:54