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Back 129 Corstorphine Road
Off Market

129 Corstorphine Road

Corstorphine Otago

4
2
1
1181 sq.
Multi-Family
Last sold for $650,000
Ganesh RoutGanesh Rout, last sold this property on 19 August 2025 after 20 days on market.

Overview

Multi-Unit Investment – Income or Development

Whether you're a savvy investor or a live-in landlord, this rare dual-dwelling opportunity on a single freehold title offers exceptional versatility and long-term value. Set on an expansive 1,155m² (approx.) in a sought-after residential pocket, the property comprises two fully self-contained 2-bedroom homes—each with its own private backyard—providing independent and comfortable living for tenants, family, or both. At No. 129, the home has been tastefully renovated and is currently tenanted on a periodic lease. With modern interiors and strong appeal, it offers rental potential of up to $500 per week. Next door, No. 131 is also tenanted on a periodic lease and shares the same rental potential up to $500 per week.—delivering instant income from day one. Together, these homes provide a projected combined income of up to $1,000 per week, making this a compelling cashflow performer. Beyond the immediate returns, the property offers excellent street frontage, services on site, and development potential (subject to council consent)—making it a standout option for those with an eye on the future.This is a site that invites long-term thinking and smart planning. Ideally located close to shops, supermarkets, schools, and public transport, this is a high-demand area offering strong rental appeal and solid capital growth prospects. Opportunities like this don’t come along often. Whether you're stepping into the market or adding to your portfolio, 129 & 131 Corstorphine Road is a must-see. Act quickly—your future self will thank you. *** Prior Offers Considered ***

Features

4 bedrooms
2 bathrooms
1 carspace
1181 sq. lot size
Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Corstorphine over the last 12 months.

Property history for 129 Corstorphine Road

2025
Sold
$650,000
19 Aug 2025 by Ganesh Rout, of The Rout Group

Happy sellers in Corstorphine

89%
89% of sellers in Corstorphine reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Corstorphine over the last 12 months.

Local market activity for 4 bedroom multi families in Corstorphine

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Corstorphine

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Trista Townsend

Sellers who recommend Trista Townsend have praised them for being clear communication, local expert, friendly, supportive, responsive, honest and reliable

  •   5   (308 reviews)
  •  6 Reviews in Corstorphine
  •  4 Sales in Corstorphine
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Ganesh Rout

Sellers who recommend Ganesh Rout have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   5   (440 reviews)
  •  9 Reviews in Corstorphine
  •  3 Sales in Corstorphine
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Luke MacDonald

Sellers who recommend Luke MacDonald have praised them for being clear communication, local expert, friendly, responsive, dedicated, pleasant and supportive

  •   4.9   (119 reviews)
  •  3 Reviews in Corstorphine
  •  2 Sales in Corstorphine
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Jason Hynes

Sellers who recommend Jason Hynes have praised them for being clear communication, local expert, responsive, supportive, easy to work with, friendly and reliable

  •   4.9   (437 reviews)
  •  2 Reviews in Corstorphine
  •  1 Sale in Corstorphine
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