327 High Street
Central Dunedin, Dunedin 9016
5
2
1
Enquiries over $250,000
Immediate Opportunity: a Cash Buyer's Bargain

Priced with the cash buyer in mind, jump to the to the front of the queue. Our owners demand immediate action!

This is a rare opportunity to transform a stunning Edwardian Villa, built in 1901, into a lucrative investment.
Spanning 3-stories, this villa will simply take your breath away. The top two storeys are currently set up as five one-bedroom studios, and the cashflow opportunity could be substantial with your renovation nous. Each of the 5 studios features their own lounge, kitchen, and separate power meter. Opportunity for additional future rental income could be found in the basement, an area which is ripe for conversion into a chic New York loft-style apartment.

Imagine the possibilities; transform it into a prestigious manor or maintain it as boutique studio accommodation for a steady rental income. This property is a goldmine of potential, situated on a corner site within walking distance of the Dunedin CBD. It’s an ideal project for the astute builder, project manager, or developer looking to capitalize on the demand in this precinct, where properties often command seven-figure price tags.

Here is your chance to embark on a project that could generate significant cash flow for years to come. This centrally-located Dunedin property is being sold ‘as is, where is’. Our seller is determined to sell without delay, with a strong preference for a swift, unconditional sale.

Contact me, Tim, immediately to get your next project underway. The clock is ticking, and this opportunity won’t last long!


Key Details
Property TypeHouse
Land363 sqm
Council rates$4,246.5 per annum
Water rates$369.37 per annum
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Floor Plan
Listing Agent
Tim McGuire
Principal
027 562 7207
hello@timmcguire.co.nz
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