40 Park Street, North Dunedin, Dunedin

Historic charm meets modern urban living

3
1
OSP

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3
1
OSP

40 Park Street, North Dunedin, Dunedin

Historic charm meets modern urban living

Investments For Sale

$599,000

About

Originally built as a stable for one of Dunedin's historic homesteads, this distinctive property has been thoughtfully transformed into a low-maintenance, easy-living three-bedroom dwelling. Ideally situated within walking distance of the city centre, hospital, Polytechnic, and University, it delivers outstanding convenience for investors, professionals, and those seeking a central city base.

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The upper-level features three well-proportioned bedrooms that open out to a generous private deck, perfect for relaxing or entertaining. Downstairs, the property offers practical open-plan living, complemented by a bathroom with a shower and vanity, along with a separate toilet and laundry for everyday functionality. Off-street parking further enhances the appeal. Recent updates, including a new roof and extensive double glazing, provide comfort, efficiency, and long-term peace of mind.

Currently rented at $630 per week on a fixed-term tenancy until January 2026, this property is ready to be enjoyed as is, while still offering excellent potential for modernisation to unlock added value.

Whether you're seeking a dependable investment, a convenient town base, a stylish city pad, or accommodation for students, this unique property presents a rare and compelling opportunity in a premium location.

property details +

Web iD: IN12158
Approximate land area: 178m2
Rateable value: $570,000

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Agents

Clayton Sievwright

Clayton Sievwright

Residential and Investment Property Consultant

Mobile: 021 191 5555
Direct dial:

Aimee Marsh

Aimee Marsh

Residential and Investment Property Consultant

Mobile: 027 209 3440
Direct dial:

Lane Sievwright

Lane Sievwright

Director, Residential and Investment Property Consultant

Mobile: 021 526 366
Direct dial: