Back 16 Adderley Terrace
Off Market

16 Adderley Terrace

Ravensbourne Otago

3
1
1
105 m²
1265 m²
House
Last sold for $420,000
Alice MunroAlice Munro, last sold this property on 25 March 2025 after 27 days on market.

Overview

Character charm packed with potential

Set on a generous 1265m² section, this harbourside home is bursting with potential and ripe for future development. Offering 1920s charm combined with an open-plan layout, this property presents a fantastic opportunity for the right buyer. Stepping inside, you’ll immediately appreciate the character-filled details, from the ornate ceilings in the three large bedrooms to the high ceilings that enhance the sense of space. The open-plan living and dining area is warmed by both a wood burner and a heat pump, ensuring year-round comfort. A classic front sunroom provides a welcoming entrance, adding to the home’s traditional appeal. Property Features: Three spacious bedrooms with character ceilings. Open-plan living and dining area, ideal for family gatherings. Heated by a wood burner and heat pump for cozy living. High ceilings offering a light and spacious atmosphere. Modest kitchen with picturesque sea views. Classic bathroom with a shower-over-bath combination. Ceiling and underfloor insulation for added warmth and efficiency. Separate shed or workshop space. Weatherboard exterior. Private setting with a large garden, lawn area, and established trees. Positioned down a private driveway for peace and seclusion. Single garage plus additional off-street parking. Ready for a new owner to add their personal touch and improvements. Only minutes to the CBD, just 4.9kms away. Close to the popular cycleway offering easy connection into town or university. This property is perfect for those looking to step onto the property ladder, invest in a future project, or secure a home with endless possibilities. Don’t miss this chance to own a charming harbourside retreat—contact us today to arrange a viewing!

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
105 m² floor area
1265 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ravensbourne over the last 12 months, the estimated median property value of 16 Adderley Terrace is $435k.

Median value
$435k
Estimated value range
$238k - $640k
Median days on market
37
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ravensbourne. 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 16 Adderley Terrace

2025
Sold
$420,000
25 Mar 2025 by Alice Munro, of Bayleys Dunedin

Happy sellers in Ravensbourne

76%
76% of sellers in Ravensbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Ravensbourne over the last 12 months.

Local market activity for 3 bedroom houses in Ravensbourne

In the last 12 months, 11 three-bedroom houses similar to 16 Adderley Terrace, have been sold.

This represents a 175% decrease in three-bedroom houses sales when compared to the previous 12 months.

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