8 Bone Street, Shiel Hill, Dunedin City

Amazing opportunity - lifestyle, development, investment

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8 Bone Street, Shiel Hill, Dunedin City

Amazing opportunity - lifestyle, development, investment

Residential property For Sale

Deadline Sale

Closing 4pm Wednesday 18th May 2022, at our Dunedin office (prior offers considered)

About

Architecturally designed home on large semi-rural site with resource consent to subdivide. This home offers something special, so close to the city, but a world away.

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Elevated on a 3419m2 site, with the existing dwelling and access at the top of the sunny section, this property is a developer's dream, or a perfect family home with potential for passive income. With high pitched roof, beautiful rimu ceiling, parquet flooring, large floor to ceiling windows with stunning rural and ocean views, and amazing schist fireplace there are so many design features to love. The modern kitchen with stainless appliances looks out to Tomahawk Lagoon and Beach with servery window to the open plan dining and living space. The living includes a window bay with cathedral window above and is warmed by both a free standing wood burner set against the back of the schist fireplace and heatpump. The home is currently used as an Airbnb and the original lounge room has been converted to a bedroom, however depending on your requirements could easily be reverted to a living space. This second living space, or bedroom, includes open schist fire, smart wallpaper, window bay and sliding door out to the private, sheltered and sunny patio, with flat lawn and established gardens. Two further bedrooms are serviced by a tiled bathroom with shower, vanity and separate toilet. A laundry and ample storage compete the top level. The lower level is a recently renovated self contained apartment. The space features an open plan kitchen, living, and dining area with two double bedrooms and a tiled bathroom with shower, toilet and vanity. The space is heated by a heatpump and has ocean views from both inside and out. This is an ideal space for teenagers or tenants, and is currently operated as a successful Airbnb. Alternatively the house comes with complete concept plans which include internal stairs transforming this already impressive property into an incredible four/five bedroom, two bathroom family home. Or simply move in and enjoy the versatility it offers now. The home includes open off street parking and carport space, with established landscaping and planting. The large 3419m2 section also has resource consent to subdivide the site into three lots, with the existing dwelling on a 1030m2 site and creating two new parcels of land with potential building platforms. In such a private and peaceful location, with fabulous views and garden setting, this property really does offer multiple options. Astute buyers will recognise the value and potential at 8 Bone Street.

property details +

Web iD: DO11294
Approximate land area: 3149m2
Approximate floor area: 170m2
Rateable value: $550,000
Rates (DCC): $2,995.65

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Agents

James Columb

James Columb

Property Consultant

Mobile: 0274 761 007
Direct dial: 03 470 2531

Amy Columb

Amy Columb

Property Consultant

Mobile: 027 694 6006
Direct dial: 03 470 2552