Multi-Unit Property with Proven Yield For Sale

11A & 11B Market Street, Saint Kilda
Deadline Sale on Wednesday 04 March 2026 at 4.00pm (prior offers considered)
Home & Income
  • 4 Beds
  • 2 Baths
  • 4 Car Spaces
  • 459 Square metres

Description

Currently generating a combined rental income of $950 per week, this dual-income property will immediately appeal to savvy investors seeking solid yields, as well as buyers looking for a home-and-income solution to support their lifestyle.
Positioned in ever-popular Saint Kilda, 11 Market Street presents a rare and rewarding opportunity — a beautifully refurbished character villa thoughtfully configured into two stylish, self-contained apartments, delivering both flexibility and strong returns.
From the street, the home’s timeless villa façade makes a lasting impression. Ornate detailing, bay windows and elevated ceilings speak to its early 1900s heritage, while contemporary upgrades inside ensure effortless modern living.
Each apartment has been tastefully renovated, blending character features with fresh, functional kitchens and bathrooms. High stud ceilings enhance the sense of space, while large windows flood the interiors with natural light. The thoughtful layout provides privacy between dwellings, making it ideal for extended family living, short-term accommodation, or long-term tenancies.
Offering four bedrooms and two bathrooms across a generous 190m² floor area, there is ample space to accommodate a range of living arrangements. Off-street parking for up to four vehicles further enhances the property’s practicality — a valuable asset in this sought-after location.
Set on a 459m² site, the property enjoys close proximity to local amenities, schools, public transport and the beach, making it highly desirable to tenants and homeowners alike. Saint Kilda’s enduring popularity continues to underpin strong rental demand and long-term capital growth potential.
Whether you’re looking to expand your investment portfolio or secure a character-filled residence with supplementary income, 11 Market Street delivers versatility, charm and financial appeal in equal measure.
Opportunities like this are increasingly hard to find — we encourage your early enquiry and look forward to welcoming you through.

*** Prior Offers Considered ***

Public Download Link: https://www.ganeshrout.co.nz/current-listings/11a-11b-market-street-saint-kilda-dunedin

Location

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