9 Grant Street, Dunedin Central, Dunedin

Introducing 9 Grant Street, Dunedin Central, where you will find these generously sized townhouses, which have been designed to offer the ultimate urban lifestyle, just a stone's throw away from the vibrant Octagon.

Step inside these homes and discover the many features designed with comfort and style in mind. On the first floor, two spacious double bedrooms are located, each boasting an ensuite and wardrobe with custom built-in joinery. The bathrooms are elegantly appointed with tiled floors and frameless glass showers, adding a touch of sophistication to everyday living.

The ground floor presents an entertainer's dream kitchen, complete with an island bench and stone countertops. The large open-plan living and dining area seamlessly flows onto the private eastern-facing deck, perfect for enjoying your morning coffee or evening drinks with your friends. The integrated entertainment unit ties in perfectly with the kitchen joinery, adding style and functionality to the home.

Downstairs in a few units is a 9.6m long garage that offers ample space for two hatchbacks to be parked bumper-to-bumper, providing convenience and security for the residents of these homes. Also on this level is a home office, ideal for those who work remotely, and a laundry area under the stairs equipped with a washer, dryer, and laundry basin.

Given Dunedin's historic building provisions, new-build homes like these so close to the CBD are exceedingly rare, making Grant Street a highly coveted location for first-home buyers, investors, tenants, commuters, and young professionals alike.

Take your chance to experience the best of city living in Dunedin. Embrace convenience and style at 9 Grant Street.

Completion due Q3 2025

Location

Nestled on a quiet, dead-end street in central Dunedin, these townhouses offer proximity to a wealth of amenities, including The Octagon, Jubilee Park, Otago Girls High School, Otago Boys High School, Meridian Mall, and the University of Otago.

• Dunedin CBD 800m

• Otago Girl’s High School 1.1km

• Otago Boy’s High School 1.3km

• Dunedin Hospital 2km

• University of Otago 2.4km

• Forsyth Barr Stadium 2.9km

Unit 1 & 2 Floor Plan

Unit 3-11 Floor Plan

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

Hailed as New Zealand’s ‘student town,’ Dunedin’s diverse and growing economy is driven by sectors such as education, healthcare, technology, and tourism. In addition, the city is home to the renowned University of Otago and several research institutes, attracting a steady influx of students and professionals.

Dunedin lacks warm, dry, affordable houses, making brand-new, competitively-priced townhouses in the city an investment opportunity worth considering. Townhouses rent well in Dunedin because of their scarcity and general lack of affordable homes. As a result, investors can expect to achieve healthy rental yields of up to 5%. We are expecting rents to continue to rise in Dunedin due to the lack of supply and the scale of the infrastructure and development happening in the city.

Unlike New Zealand’s other main centres, townhouses in Dunedin are relatively scarce. In the last two years, there have been roughly 150 new build townhouses brought to market in Dunedin, and today, there are approximately 50 available for sale this is minuscule in comparison to cities like Christchurch and Auckland, where there are thousands of new build homes available for sale.

Current projects