Discover this exceptional property located at 6 Heriot Row, perfectly positioned near George St, The Octagon, Forsyth Barr Stadium, the hospital, and just a short 900m walk to the University. Boasting stunning views of Dunedin CBD, this property sits on a meticulously maintained 1196sqm plot. Inside, you will find fifteen spacious bedrooms spread across two flats.
The main house at 6 Heriot Row is filled with character and a grand staircase, nine bedrooms, including six large studios with ensuites, and three standard rooms with a pedestal sink in each, a separate full bathroom, an extra shower room plus a separate toilet. Also, there is a spacious communal kitchen and a large separate laundry. 6A includes six large studio rooms with ensuites plus a communal kitchen-living area with a laundry cupboard.
Additionally, there is a plant room with a diesel boiler and two new heat pumps, ensuring both flats stay warm during the winter.
Current rent income is $3195 per week, $166,140 gross and 2025 rent income will be $3345 per week, $173,940 gross, from 6 + 6A collectively
With a solid rental history and a strong following in the student community, this property is a rare gem. Do not miss out on this prime investment opportunity, act now!
A property information memorandum is available. Please get in touch for further discussion or to arrange a viewing appointment once you have reviewed the information.