58 & 60 Waimea Avenue Calton Hill, Dunedin City

Offering a fantastic opportunity to secure two well-presented, side-by-side freehold homes, each featuring one bedroom and one bathroom, with the added advantage of established rental income and excellent returns.
Both homes are currently tenanted on periodic agreements, providing an attractive dual-income investment with proven rental performance. Inside, each property has been thoughtfully updated, featuring modernised kitchens and bathrooms, double bedrooms with built-in storage, and light-filled living spaces that capture plenty of sunshine throughout the day. Enjoy pleasant outlooks towards the city and Otago Harbour, with adjoining dining areas creating practical and comfortable living spaces.

Outside, both properties offer private, low-maintenance yards, with one enjoying the added appeal of established fruit trees. Each home also benefits from its own allocated off-street car park within the private cul-de-sac parking area, along with separate laundry facilities and valuable additional storage beneath the homes.

Whether you're looking to strengthen your investment portfolio with two established rental properties or explore the flexibility of living in one while generating income from the other, this is an opportunity that deserves your attention.

TENDER closing Tuesday 17 November 2026 at 2:00pm in our Dunedin Office, 12 Wharf Street (prior unconditional offers considered)