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21 Hyde Street, Dunedin North, Dunedin City

$825,000

6

2

1

290m²

228m²

Hyde & seek for a 7.5% rental yield!

Location is key for rentals, and with 21 Hyde Street less than 200m from the Uni campus, there is high demand year on year.

The proof is in the pudding here with rent of $1,200 per week locked in for 51-week in 2027, and with plenty of room to increase further year on year.

This perfectly located investment opportunity contains six large bedrooms, with two downstairs, four upstairs, and two bathrooms. Out the back, past the two laundry areas, is a sunny courtyard. There is an old garage that has been used for owner's storage for a long time. That could now be used for tenant car parking in an area where parking is at a premium or leased to someone else to add extra income.

Owners of student flats here in Dunedin are cashing in on a very profitable phase, with birthrates indicating that universities will see an unusually high intake of students for the rest of the decade which is driving the North Dunedin flat demand through the roof.

Now is as good a time as ever to capitalise on the growing demand for student housing and you certainly can't go wrong buying a property in a blue-chip location that has scope for considerable capital gains.

For a viewing, please call AJ on 021 853 559

Link below to the 3d tour:

https://my.matterport.com/show/?m=5zMsqcQhfh3

Additional details

Type

House

Property ID

L42785834

Listed on

12/10/2026

Updated

5 hours ago

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Listed for sale on OneRoof for 2 days (last updated on 12 October). There are 14 6-bedroom properties for sale nearby. There are 25 properties for sale in Dunedin North.

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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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