31 Pencarrow Street, Caversham, Dunedin City, Otago
Caversham 3 Bedroom Cash flow positive potential - must be sold
Key Facts
A great home or investment to be added to your portfolio.
• Recently extensively renovated
• Double glazed windows throughout
• A heat pump in the living area
• Upgraded electricals
• Bathroom with vanity, toilet, shower unit and storage
Enjoy indoor-outdoor flow all year round, with a French door opening from the lounge onto a covered patio
Out back, there is a fully fenced large rear section with plenty of room for the kids and pets to run free, to create your own garden, or simply to relax.
Laundry is tucked away in the outbuilding, where there is extra storage space.
Currently tenanted at $485 a week ($25,220 per year). Opportunity to potentially purchase at 6 -7% gross return.
Location-wise, you're close to bus stops, the motorway, Dunedin Health Centre, cafes, convenience stores and the South Dunedin shopping hub. Kew Reserve Playground is also right by your doorstep, perfect for evening walks or for the children to play.
Act quickly to avoid missing out on such a great opportunity.
DCC rates : $3154.67 p.a.
ORC rates: $262.15 p.a.
Deadline closing on 18th August 2026 (Tuesday) at 2pm, unless sold prior.