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Back 26 Ramsay Street
Off Market

26 Ramsay Street

North Dunedin Otago

4
1
119 m²
890 m²
House
Matt CutlerMatt Cutler, last sold this property on 17 September 2025 after 1448 days on market.

Overview

FREE LAND ANYONE?

This property has been priced to sell quickly. The vendor doesn't want to muck around. Located on the fringes of the university precinct, this 890m2 site has a 4-bedroom flat at the rear of the section, with a front section raring for development. Rented until 30/12/2025 at $640 per week and currently advertised at $680 per week for 2026, the flat consists of 4 large bedrooms, spacious lounge with wood burner, modern kitchen, bathroom + separate toilet. The deck is positioned well for morning sun. The front section is sitting there, just waiting for someone to develop it. Zoning rules allow for 1 bedroom per 100m2 so up to 5 more bedrooms can be built (subject to DCC consent). The ability to earn rental income while developing is one of the many positives that this property has to offer. At this price (6.3% return on the 2025 rent), very little value has been allocated to the front section so you're basically getting the land for free. If you're a developer that's been waiting a while for a site that will provide a decent margin, this is the one.

Features

4 bedrooms
1 bathroom
119 m² floor area
890 m² lot size
House

Estimated Value

We need at least 3 similar 4 bedroom houses sold in North Dunedin over the last 12 months.

Property history for 26 Ramsay Street

2025
Sold
Undisclosed
17 Sep 2025 by Matt Cutler, of Cutlers

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 4 bedroom houses in North Dunedin

In the last 12 months, 2 four-bedroom houses similar to 26 Ramsay Street, have been sold.

This represents a 25% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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Jason Hynes

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Matt Cutler

Sellers who recommend Matt Cutler have praised them for being local expert and clear communication

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