Address: 68 David Street
Bedrooms: Superb choice of 1, 2 and 3 Bedroom homes
Price: 1 beds from $525,000, 2 beds from $645,000
The most exciting residential development that Dunedin city has seen in decades, Grand Vesta ticks all the boxes - great price point, high rental returns, tax-friendly and in a sensational location ripe for capital growth
Development Snapshot:
- Choice of 1, 2 and 3-bed turnkey homes all with carparks
- Freehold titles
- Superb inner-Dunedin location, minutes to St Clair beach and restaurants and 5 mins to The Octagon
- Only 10% deposit now, balance only due on completion approx May 2023
- Excellent cashflows for investors, rental estimates $575 to $630 per week
- Ideal cashflow-positive investment! Perfect for down-sizers, or ‘lock-and-leave’ city pad
- Fully move-in ready, including all appliances, stunning kitchens, smart lock doors
- 1 year FREE Property Management fees (up to $3k worth of additional cashflow)
- Dunedin set to see $5 billion worth of new infrastructure over the next 5 - 10 years
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Influx of workers coming to Dunedin to build the $1.4 billion New Dunedin Hospital, the $1.5 billion DCC 10-year infrastructure plan, $1b Otago University long term capital expenditure, $60m new ACC building (500 staff), $1b proposed Health Precinct and many more
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Dunedin has a chronic shortage of residential property versus a rapidly rising population
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Up to 4,400 new homes required in the next 7 years to meet demand projections (DCC 2020-2030 Housing plan)
Dunedin is our top pick for strongest rental yield and capital growth over 2022. Fill in the contact form to receive the full property information pack and be a part of this growth.