Special Character Home/Offices or Apartments

Located at 5 Smith Street, Central Dunedin, this beautifully presented character property-built circa 1865-is a rare offering. Set on a 703m² (more or less) freehold title, it showcases significant heritage features and craftsmanship of its era. Buyer enquiry over $950,000 plus GST (if any) welcome.

Originally constructed as a city residence, the building was later converted into apartments, and more recently, refurbished into offices, with a resource consent obtained for commercial office use on both the ground and upper floors. The property offers a variety of flexible use options: lease the ground floor and live upstairs, occupy the entire building, or lease it in full. It's an exceptional opportunity for an astute buyer.

Offering versatility, the property could be reconfigured as a stately inner-city residence, two spacious three-bedroom apartments (each with a study or sunroom), and an additional one-bedroom unit suitable for short-stay accommodation (subject to compliance). Nearby off-street parking rights are also included - pending the purchasers intended use.

This striking brick masonry building boasts bluestone foundations, ornate fireplaces, decorative ceilings, polished wooden floors, and impressive leadlight windows. Grand archways and large windows overlooking Smith Street provide natural light and expansive city views.

Zoned Section 18 - Commercial and Mixed Use (SSYP - Smith Street and York Place) under Dunedin's 2nd Generation District Plan, the property provides scope for residential, commercial, or mixed-use occupancy. Interested purchasers should seek independent advice regarding their intended use.

The vendor is registered for GST; therefore, the sale will be plus GST (if any). The property will be sold with vacant possession.
Viewing strictly by appointment. Vendor finance options available.

For a full Information Memorandum, please contact:
Aimee Marsh
027 209 3440
amarsh@edinburgh.co.nz