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Back 63 Law Street
Off Market

63 Law Street

Caversham Otago

6
2
170 m²
608 m²
House
Racee NgiamRacee Ngiam, last sold this property on 01 March 2026 after 37 days on market.

Overview

Proven performance with future opportunity

This well-maintained six-bedroom property presents a compelling opportunity for investors seeking reliable income, long-term tenant stability and future upside. The property is tenanted with long-standing occupants who have been in place since 2014 and are keen to remain, providing immediate continuity. Currently returning $715 per week, income is secured from day one of settlement. Zoned General Residential 2, the site also offers potential for future redevelopment, subject to Council approval. Purpose-designed to support accessibility needs, the home comprises six bedrooms, two wet-floor bathrooms and an additional third toilet. A generous open-plan kitchen, living and dining area is well suited to shared living arrangements. Outdoors, the private fully fenced backyard includes a patio and ramp access, while wide off-street parking for two vehicles adds further practicality. This is a proven investment offering certainty of income, established tenants and long-term holding appeal. Land size: 608 sqm (+/-) Current rent : $715 per week DCC rates: $ 3897.57 p.a. ORC rates: $ 450.61 p.a. Contact us to receive the full information pack, including the DCC LIM report, Healthy Homes compliance statement and further supporting documentation.

Features

6 bedrooms
2 bathrooms
170 m² floor area
608 m² lot size
House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in Caversham over the last 12 months.

Property history for 63 Law Street

2026
Sold
Undisclosed
01 Mar 2026 by Racee Ngiam, of Bayleys Dunedin
2019
Sold
$500,000
12 Nov 2019 by Pam Mulder, of LJ Hooker Dunedin

Happy sellers in Caversham

84%
84% of sellers in Caversham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Caversham over the last 12 months.

Local market activity for 6 bedroom houses in Caversham

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Caversham

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Ganesh Rout

Sellers who recommend Ganesh Rout have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   5   (440 reviews)
  •  12 Reviews in Caversham
  •  7 Sales in Caversham
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Bradley Lee

Sellers who recommend Bradley Lee have praised them for being clear communication, local expert, responsive, reliable, well-prepared, supportive and friendly

  •   4.9   (246 reviews)
  •  6 Reviews in Caversham
  •  3 Sales in Caversham
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Ricky Jackson

Ricky Jackson is a recommended agent for Caversham.  They have 3 local sales and collected 6 local reviews across the last 12 months.

  •   5   (44 reviews)
  •  6 Reviews in Caversham
  •  3 Sales in Caversham
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Anna Thomas

Anna Thomas is a recommended agent for Caversham.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  4 Reviews in Caversham
  •  4 Sales in Caversham
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