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147 Queen St

North Dunedin Otago

3
1
908 m²
House
Currently for sale - view listing

Overview

Scale, Location & Opportunity – All in One

Positioned on a substantial 908sqm (+/-) site in a highly sought-after location, this property presents an outstanding opportunity for investors, developers, and land-bankers alike. Zoned Inner City Residential, the site offers exciting potential to develop up to 20 bedrooms (subject to DCC consent), making it a rare find with both scale and flexibility. Currently generating $660 per week through to the end of 2026, the existing three-bedroom flat provides reliable holding income while you plan your next move. Thoughtfully updated with new carpet, fresh paint, and partial double glazing, the home is well-presented and tenant-ready, ensuring ongoing appeal in a strong rental market. The home itself is designed for comfortable, practical living. Positioned down from the street, the elevated deck offers privacy and a welcoming entrance. Inside, a spacious living area with a log burner creates a warm central hub, complemented by three bedrooms, a functional bathroom, an easy-flow kitchen, and a mixture of single and double glazing. Opportunities of this scale, in locations like this, are increasingly hard to come by. Whether you’re developing, investing, or securing a strategic land holding, this is a property that delivers both immediate returns and long-term potential. Public Download Link: https://www.ganeshrout.co.nz/current-listings/147-queen-street-north-dunedin-dunedin

Features

3 bedrooms
1 bathroom
908 m² lot size
House

Happy sellers in North Dunedin

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

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

This is based on voluntary sentiment collected from 9 reviews in North Dunedin over the last 12 months.

Local market activity for 3 bedroom houses in North Dunedin

In the last 12 months, 3 three-bedroom houses similar to 147 Queen St, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

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