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685 George Street, North Dunedin, Dunedin City

Name: Open Home - 11:45am - 12:15pm
Start: 2026-01-31T22:45:00.000Z
End: 2026-01-31T23:15:00.000Z
Location: 685 George Street

Set Sale

10

3

326m²

680m²

A Landmark Investment in the Heart of Dunedin

Opportunities of this scale and calibre on George Street are increasingly rare, and this substantial 10-bedroom rental investment stands proudly as a standout performer. Perfectly positioned just moments from the University, this iconic property delivers a strong annual return of $104,000 pa, underpinned by consistently high tenant demand. Its proximity to campus, the city centre, and key amenities ensures ongoing appeal to the student and rental market year after year.

Behind the striking façade lies an expansive floor plan spread across multiple levels, offering generous communal spaces, numerous bathrooms, and a configuration ideally suited to large-scale residential letting. The sheer volume of space on offer is a rare find, providing both functional living and flexibility for future enhancement. Character lovers will appreciate the wealth of original features throughout — from soaring ceilings, ornate plasterwork and timber detailing, to leadlight windows and architectural flourishes that speak to a bygone era.

Whether you're a seasoned investor looking to secure a blue-chip addition to your portfolio, or seeking a high-yield asset in a proven location, this is an offering that ticks all the right boxes: scale, income, character, and an irreplaceable George Street address. A true Dunedin classic with clear instructions to sell on or before 19th February!

Additional details

Type

House

Property ID

RX4874082

Listed on

24/01/2026

Updated

yesterday

Open Homes1

Sun, 1 Feb

11:45AM - 12:15PM

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 7 days (last updated on 24 January) and was last sold in 2010 for $450,000. OneRoof now estimates this property to be $930,000 and its latest rating valuation by Dunedin City council is $1,030,000 as of 2025. This property has appeared in 8568 searches in the last 30 days. There are 11 10-bedroom properties for sale nearby. There are 20 properties for sale in North Dunedin.

Property data

Time On OneRoof

6 days

Type of title

Freehold

Floor area

680m²

Land area

325m²

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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