34 MacLaggan Street, Dunedin Central

1 BED1 BATH

Web ID: IN12322

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$449,000

Prime Central City redevelopment opportunity

Disclaimer: There are no formal bedrooms or bathrooms.

Positioned in the heart of Dunedin's CBD, 34 MacLaggan Street presents an exceptional opportunity to transform a well-located commercial building into a high-quality residential investment.

Previously utilised as commercial premises, the current owners have successfully obtained resource consent to re-establish the property as a residential activity, providing purchasers with an outstanding opportunity to create a bespoke inner-city residence or residential rental investment.

The charming two-storey building is well presented throughout and offers a versatile layout comprising eight rooms, two toilets, and a kitchen area across two levels. A neutral interior provides an excellent foundation for renovation and redevelopment.

Surrounded by prominent businesses and amenities, including the Otago Regional Council headquarters, Speight's Ale House, Harvey Norman, and just a short stroll from The Exchange and The Octagon, the property enjoys a premium central city location with strong long-term appeal.

Whether you're an investor, developer, or someone looking to convert a character building into a unique city property, this is a rare chance to add value in a tightly held location.

A comprehensive information pack, including the LIM Report and Resource Consent documentation, is available upon request.

Property Details

Inspection Details

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Approximate Floor Area
200m2

Approximate Land Area
219m2

Rateable Value
$455,000

Property Type
Investments

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