Back 116 London Street
Off Market

116 London Street

Dunedin Central Otago

3
3
1
0 m²
300 m²
House
Lawrence SchaumannLawrence Schaumann, last sold this property on 20 September 2026 after 37 days on market.

Overview

Inner-City Multi Unit Opportunity

Positioned on the hill in London Street, just above the city centre, this property offers views back towards the harbour and a genuine range of possibilities, whether you're after a home and income setup or a multi unit investment proposition. The main dwelling is a spacious two bedroom, two bathroom flat spread across two levels. Downstairs houses both bedrooms and bathrooms (master with ensuite), while upstairs is given over to a large open plan dining, living, and kitchen space, along with a separate toilet, study, and a sunny conservatory. Downstairs also includes a separate, self contained one bedroom flat, accessible internally or via its own private entrance. This flat comprises one bedroom, living and kitchen facilities, and a separate study or office room. Comfort has been considered throughout, with partial double glazing, insulation, and two heat pumps providing efficient heating across the property. Practicality is well covered too, with plenty of storage in the basement, a carport accessed by a garage roller door, and a flat, landscaped section rounding out this attractive package. This is a property suited to extended family living, a base for kids while at university, or simply a smart investment with flexibility built in. There's also scope to reconfigure the layout to suit your needs and potentially increase the rental return, subject to council approval. Worthy of inspection for anyone after genuine flexibility, right on the city's doorstep.

Features

3 bedrooms
3 bathrooms
1 carspace
1 carport space
0 m² floor area
300 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dunedin Central over the last 12 months, the estimated median property value of 116 London Street is $642.5k.

Median value
$642.5k
Estimated value range
$315k - $1.24m
Median days on market
30
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dunedin Central. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 London Street

2026
Sold
Undisclosed
20 Sep 2026 by Lawrence Schaumann, of LJ Hooker Dunedin
2022
Sold
$770,000
23 Sep 2022 by Clayton Sievwright, of Edinburgh Realty Mosgiel (Edinburgh Realty Ltd)

Happy sellers in Dunedin Central

68%
68% 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 28 reviews in Dunedin Central over the last 12 months.

Local market activity for 3 bedroom houses in Dunedin Central

In the last 12 months, 14 three-bedroom houses similar to 116 London Street, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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