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Back 110 Canongate
Off Market

110 Canongate

Dunedin Central Otago

12
12
6
620 m²
1162 m²
House
Matt MortonMatt Morton, last sold this property on 05 June 2025 after 56 days on market.

Overview

Large Multi-Dwelling, Renovation Potential

110-112 Canongate presents a large investment opportunity within the vibrant Central Dunedin suburb, near to the CBD. This impressive freehold block of units spans across 1,162 square metres, comprising two separated buildings with a total of six 2-bedroom, 2-bathroom units, each accompanied by its own garage space. Constructed in 1995, these modern-era units offer a warm and inviting living space yet remain in their original condition, presenting the perfect canvas for a visionary investor to refurbish and realise significant value uplift. Current underlet tenancies signal the chance to optimise rental yields to market levels and potentially enhance further with planned renovations. For the astute developers, this property boasts a generous allowance for up to 25 bedrooms under the current zoning regulations, without the constraints of heritage restrictions, paving the way for expansive redevelopment and enhancement potential if desired. With six dedicated parking spaces and the scope for substantial value-adding renovations, 110-112 Canongate is tailor-made for an investor poised to capitalise on a project of sizeable scale. Seize the opportunity to transform and reinvigorate this centrally located property into a premium residential offering in the thriving Dunedin market. Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.

Features

12 bedrooms
12 bathrooms
6 carspaces
6 garage spaces
620 m² floor area
1162 m² lot size
House

Estimated Value

We need at least 3 similar 12 bedroom houses sold in Dunedin Central over the last 12 months.

Property history for 110 Canongate

2025
Sold
Undisclosed
05 Jun 2025 by Matt Morton, of Matt Morton & Co (MATT MORTON & CO LIMITED)

Happy sellers in Dunedin Central

61%
61% of sellers in Dunedin Central reported that their sale price either exceeded or met their price expectations.

Dunedin Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Dunedin Central over the last 12 months.

Local market activity for 12 bedroom houses in Dunedin Central

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