15 Ethel Benjamin Place, North Dunedin, Otago

Ethel Benjamin Place is widely regarded as one of North Dunedin's most desirable investment locations. Located across the street from the Central Library, developments over the last 15 years have made the street quite picturesque and tenants that want to live here, tend to prioritise study over other activities that Dunedin students are well known for. This premium three-bedroom, two-bathroom townhouse, built in 2010/2011, has consistently attracted excellent tenants year after year and has proven to be an exceptionally easy investment to own.The ground floor features a modern open-plan kitchen and living area, along with the master bedroom complete with its own ensuite. Upstairs are two further generous, well-insulated bedrooms and a second bathroom.Currently returning $990 per week (including electricity, internet and cleaning) through to the end of 2026, there is still clear upside in the rental income. For comparison, Unit B in the same complex currently achieves $1,100 per week despite receiving less natural sunlight.The vendors are temporarily keeping this property available for rent for 2027 in case someone wants to buy it for child to live in while they studyWith very few owners and minimal ongoing maintenance requirements, the body corporate is straightforward and well managed.Opportunities to purchase on Ethel Benjamin Place are exceptionally rare. Secure a premium investment in one of North Dunedin's most tightly held streets and enjoy the benefits of long-term ownership.Link to 3D tour below:https://my.matterport.com/show/?m=M6Lr5GaBRzi