149 Queen Street, North Dunedin, Dunedin City, Otago

Spacious and well-located, this North Dunedin investment property is rented at $800 per week until 31 December 2025, providing a reliable income stream.

The home features four – five bedrooms, a bathroom with a shower over the bath, and a second toilet on the lower level for added convenience. The open plan kitchen and dining area are located directly across the passage from the living room, offering practical shared spaces. Verandas on both levels provide beautiful views over the city and are ideal for enjoying summer evenings.

Recent upgrades include a Coloursteel roof, a new hot water cylinder, and exterior painting and weatherboard maintenance, ensuring peace of mind for investors. A heat pump ensures winter warmth, and the Healthy Homes certificate is included in the information pack.

There is potential to modernise the interior, increasing future rental value. The property is in a popular student area just 1.6km from Otago University.

This is a solid investment opportunity, combining location, functionality, and steady returns.