40 Park Street, North Dunedin

3 BED1 BATH

Web ID: IN12158

SOLD

Historic charm meets modern urban living

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.

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

Approximate Land Area
178m2

Rateable Value
$570,000

Property Type
House

You Might Also Like...