Back 63 Nelson St
Off Market

63 Nelson St

Forbury Otago

4
2
2
House
Laura CuthillLaura Cuthill, last sold this property on 25 July 2025 after 127 days on market.

Overview

One For the Landlords- Two In One Investment

Offering a fantastic return, this dual-property purchase is a must-consider. Both dwellings are in immaculate, move-in-ready condition, featuring fresh carpets, paint and updated kitchens and bathrooms to start. The location offers your tenants easy access to schools, facilities, bus routes and a quick trip to the beach. 63 Nelson Street The three-bedroom home boasts a spacious open-plan kitchen and lounge, along with a modernised bathroom with an off-street parking. A fair sized back yard means there’s room for the kids to play. The most recent rental appraisal is $560 - $575 pw (Buyers are encouraged to obtain their own appraisals). 63A Nelson Street A well-presented one-bedroom plus study unit, featuring a recently updated kitchen and bathroom. The most recent rental appraisal came in as $390 - $400 pw. (Buyers are encouraged to obtain their own appraisals). Investment Potential Combined, these dwellings have been assessed between $950pw and $975pw in rental income. (Buyers are encouraged to obtain their own appraisals). The property is being sold via a two-week tender, with the seller wanting to see all offers. Important Note: This property was affected by the recent flood event. Available Documents (on request): • Building Report • LIM Report • 2019 Healthy Homes Reports & Certificates • Rental Appraisal

Features

4 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Forbury over the last 12 months, the estimated median property value of 63 Nelson St is $430k.

Median value
$430k
Estimated value range
$300k - $680k
Median days on market
20
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Forbury. 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 63 Nelson St

2025
Sold
Undisclosed
25 Jul 2025 by Laura Cuthill, of Nidd Realty Dunedin
2018
Sold
$323,000
10 Oct 2018 by Mark Honeybone

Happy sellers in Forbury

72%
72% of sellers in Forbury reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 4 bedroom houses in Forbury

In the last 12 months, 4 four-bedroom houses similar to 63 Nelson St, have been sold.

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