Positioned on a prime elevated site in one of Dunedin’s best streets is this outstanding development or renovation opportunity. This property offers plenty of scope for the new owners to either build new or renovate the existing dwelling. If you were to build new, you would have an outstanding building platform that features breathtaking ocean and city views. The existing dwelling on the property is currently rented on a periodic tenancy which gives the new owner flexibility to keep the tenants on for holding income or to vacate if they wish to move into the property. The property is currently zoned Residential 1, which allows for a duplex to be built on the property subject to DCC consent. The home has a split-level floor plan with all your living and entertaining areas on the entry level. From here you also have access to a large decked entertaining space where you can sit and relax while you take in the stunning views. There are three bedrooms on the upper level and on the lower level you have a large utility space, which is currently being used as more bedroom accommodation. The property also has drive-on access and parking for multiple vehicles. Properties in this location and within walking distance to the St Clair Esplanade are always in hot demand and when you combine that with the huge potential on offer, we don't expect this property to last long. Viewing is highly recommended.

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