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939 Cumberland Street, North Dunedin, Dunedin City

DEADLINE SALE - CLOSING 2PM 11TH MARCH 2026

6

2

1

167m²

354m²

Spacious six-bedroom with upside

Enquiries over $900,000.

Positioned in a consistently sought-after location just moments from campus and within easy reach of Gardens Shopping Centre, this substantial property presents a compelling opportunity for investors seeking strong returns with future upside. Offering generous accommodation, practical layout, and ongoing rental security, it is a proven performer in a high-demand area.

The property features a well-considered open-plan kitchen and living area, thoughtfully updated over time and fitted with a heat pump. Seamless indoor-outdoor flow connects the living space to a flat, sun-filled backyard - an attractive feature for tenants. On the lower level, two bedrooms are serviced by a full bathroom, while upstairs, four additional bedrooms are complemented by a second bathroom, creating a highly functional layout well suited to larger households and maximising rental potential. Renovations carried out over the years have maintained the property's appeal and liveability, while off-street parking adds further practicality in this popular location.

Importantly, there is clear potential to add further value, with scope to create an additional bedroom on site (subject to any required consents), offering an opportunity to enhance income in the future.

Currently returning $1,320 per week through to 31st December 2026, the property is underpinned by a fixed-term tenancy that provides certainty in a consistently sought-after rental location. With its established performance and scope for further enhancement, this is an opportunity that invites consideration from investors focused on both stability and future potential.

Deadline Sale - closing 2pm Wednesday 11th March 2026 at our Dunedin office (prior unconditional offers considered).

Additional details

Type

House

Property ID

L39129434

Listed on

23/02/2026

Updated

2 days ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 4 days (last updated on 23 February) and was last sold in 1992 for $147,500. Its latest rating valuation by Dunedin City council is $755,000 as of 2025. There are 15 6-bedroom properties for sale nearby. There are 26 properties for sale in North Dunedin.

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Property data

Time On OneRoof

4 days

Type of title

Freehold

Floor area

167m²

Land area

354m²

About the area

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North Dunedin, Dunedin City

North Dunedin is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. North Dunedin is the 5th largest suburb of Dunedin in terms of the total number of residential housing stock. North Dunedin provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1990 - 1999. Residential housing stock in North Dunedin is made up of approximately 68% residential housing and 32% residential investment housing properties.

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