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10 Dorset Street

Balaclava Otago

2
1
2
0 m²
3035 m²
House
Currently for sale - view listing

Overview

Land, Location & Opportunity

Auction Location: 63 Musselburgh Rise, Musselburgh 9013 Set across an impressive 3,035m²(-+) section, this property offers a combination of space and future potential that is increasingly hard to find within the city. What really sets the site apart is its layout. Consent is already in place to subdivide the property into six sections, giving buyers a significant head start when considering the future of the site. With two access points and potentially a third into different areas of the property, the layout lends itself well to the approved subdivision. The land extends well beyond the existing home, with established grounds, large open areas and elevated portions of the site that could make excellent use of the surrounding outlook. For developers, land bankers or buyers simply looking for a substantial property with options for the future, there is plenty here to explore. Equally, there is no need to do everything at once, you can enjoy the space as it is, freshen up the existing home and consider what could be possible further down the track. The solid brick home provides a great starting point, offering two generous bedrooms, a spacious living area with a wood burner, a large kitchen, and views from both the kitchen and bedrooms. A sunroom/conservatory adds another substantial living space and connects through to the outdoor areas, while internal-access garaging and additional off-street parking add everyday practicality. There is plenty of opportunity to renovate and modernise the home to your own taste, but it is the sheer amount of land surrounding it combined with the existing consent for six sections that makes this property particularly exciting. Whether the plan is to move ahead with the approved subdivision, hold for the future or simply secure an unusually large piece of land with an existing home already in place, 10 Dorset Street presents an opportunity with plenty of possibilities.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
3035 m² lot size
House

Property history for 10 Dorset Street

2021
Sold
$1,000,000
18 Feb 2021 by Mark Ford, of Total Realty Dunedin (Total Realty Ltd)

Happy sellers in Balaclava

<50%
Less than 50% of sellers in Balaclava reported that their sale price either exceeded or met their price expectations.

Balaclava stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Balaclava over the last 12 months.

Local market activity for 2 bedroom houses in Balaclava

In the last 12 months, 2 two-bedroom houses similar to 10 Dorset Street, have been sold.

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