$975,000

Heritage-Style Townhouses in Wakari

Lot B, 135 Shetland Street, Wakari, Dunedin, Otago

Bed 3 Bed
Bath 2 Bath
Garage 2 Garage
Land Size 280m² Land
Floor Size 150m² Floor
Weekly Rent $750 p/w Rent
Yield 4.0% Yield

Property details

Property ID: E504217292274 | Townhouse | Turnkey

These heritage-style townhouses offer the perfect blend of space, quality, and low-maintenance living. Mostly single-level, each home features a 30m² double garage, additional off-street parking, and only shared walls between garages for added privacy. The 41m² open plan kitchen, dining, and living area opens to a sunny northwest-facing courtyard, while the master and second bedrooms include built-in wardrobes and share a well-designed bathroom with dual access. A third bedroom and second bathroom sit above the garage, providing an ideal retreat for guests or family, complete with extra space for a study nook or reading chair.

Dunedin is an attractive city for property investors thanks to its strong rental demand, driven by a thriving student population at the University of Otago and a growing health and education sector. With ongoing investment in the new Dunedin Hospital and infrastructure upgrades, the city’s economy is set for steady growth. Property here remains more affordable compared to other main centres, yet offers healthy yields and solid long-term capital gain potential.

Built by TGC Homes in Dunedin who specialise in creating high-quality, custom-built homes tailored to client needs. Their focus on innovation and craftsmanship ensures that each home is designed with both functionality and aesthetic appeal in mind.

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