Back 47A/47B Canongate
Off Market

47A/47B Canongate

Dunedin Central Otago

4
2
1
135 m²
House
Matt MortonMatt Morton, last sold this property on 28 May 2025 after 20 days on market.

Overview

Modern Investment – two units available

Featuring stunning views over Central Dunedin and out to the harbour, these two separate units present a sterling opportunity for the astute investor. Constructed in 2017, each title boasts a modern flat of four bedrooms and two bathrooms, accompanied by the convenience of a dedicated car park – a rare commodity in such a sought-after location. These immaculate units can be purchased individually or together, depending on the strategy of your property portfolio. Just a short walk from the bustling CBD, this property strikes the perfect balance between the excitement of city life and the serene retreat of a private modern dwelling. While appealing to young professionals seeking the allure of Central Dunedin living, the tenants include a healthy mix of students looking for a quieter alternative to the busy student campus area. The proximity to the University of Otago and the city have made these units a perennial favourite among students. Tenants have been drawn to the warm and inviting ambience of these homes, further accentuated by double glazing, fully insulated walls and spacious rooms – a feature that ensures their continued desirability. The proven track record of long-term tenancies translates to a reduction in turnover, presenting an ease of management that is invaluable to investors. Both are secured on fixed tenancies until the end of the year. With their low maintenance appeal and consistent rental demand, 47A & 47B Canongate stand as enviable assets in the world of investment property. Secure your piece of Dunedin's real estate market and reap the rewards of this wise investment. Deadline Sale: Closing 4:00 pm, 29th May 2025 (unless sold prior). Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.

Features

4 bedrooms
2 bathrooms
1 carspace
1 open car space
135 m² floor area
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Dunedin Central over the last 12 months, the estimated median property value of 47A/47B Canongate is $675k.

Median value
$675k
Estimated value range
$260k - $1m
Median days on market
23
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Dunedin Central. 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 47A/47B Canongate

2025
Sold
Undisclosed
28 May 2025 by Matt Morton, of Matt Morton & Co (MATT MORTON & CO LIMITED)

Happy sellers in Dunedin Central

61%
61% of sellers in Dunedin Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 43 reviews in Dunedin Central over the last 12 months.

Local market activity for 4 bedroom houses in Dunedin Central

In the last 12 months, 17 four-bedroom houses similar to 47A/47B Canongate, have been sold.

This represents a 88% decrease in four-bedroom houses sales when compared to the previous 12 months.

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