A Landmark Address. A Luxury Lifestyle. A Superb Investment.
Standing on the north-facing frontage of the iconic St Clair Esplanade since 1919, Majestic Mansions is one of Dunedin's most iconic heritage buildings. Now, this landmark is being meticulously restored into a boutique collection of apartments.
Whether you're searching for a permanent home, a lock-and-leave coastal retreat, or a premium investment, Majestic Mansions offers exceptional flexibility. Enjoy your apartment whenever you choose, then generate income while you're away.
Comparable luxury accommodation in this location currently achieves approximately $300-$350 per night, with estimated occupancy of 75-90%, offering the potential for around $1,580-$2,200 per week in gross short-term rental income.*
Choose from 3 x two-bedroom apartments or 1 x beautifully appointed one-bedroom residence, each featuring a sunny north-facing covered terrace, and views across St Clair towards the city. Three of the four apartments also enjoy sea views from the primary bedroom.
Every residence will be finished to an exceptional standard, with kitchens featuring stone benchtops and premium Fisher & Paykel appliances, tiled bathrooms, a brand-new lift, and comprehensive structural upgrades, blending timeless heritage with contemporary luxury.
Everything that makes St Clair one of New Zealand's most desirable coastal suburbs - the Surf, the famous Hot Salt Water Pool, cafés, restaurants, bars and kilometres of sandy beach - are all just metres from your door.
Designed by Mason & Wales Architects in association with Whitaker Architects, built by Stewart Construction, and project managed by Feldspar Associates.
Estimated completion: late 2026/early 2027. Secure your preferred residence today with just a 10% deposit, with nothing further to pay until settlement.
*Disclaimer: Rental income estimates are indicative only. Actual returns will vary depending on occupancy, management, lease type and market conditions.
