Harbour Terrace, North Dunedin, Otago

Every now and again a fantastic property comes available to the market for the next lucky owner to secure into their long-term portfolio. This is one of those investment properties that will consistently deliver into the future for you. 

Split into three flats, the ground floor contains a five-bedroom flat with large bedrooms and an ample living and kitchen area. Upstairs houses two 2-bedroom modern style flats with large open living / kitchen areas. The whole property has fixed tenancies in place for a total of $2,020 per week for all of 2025. That provides an attractive return of 7.0% already secured for you. 

The building is constructed with a brick veneer on the ground level and a cavity plaster system on the upper level when it was added in approximately 2006. The property appears to contain modern wiring throughout and overall, the property appears in good order.

The location is in an excellent rental area attracting both University and Polytechnic students alike and will be a stable base property for your portfolio for years to come. 

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.

Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.