Back 78 Buccleugh Street
Off Market

78 Buccleugh Street

North East Valley Otago

4
1
1
130 m²
1290 m²
House
Andrew JamesAndrew James, last sold this property on 09 December 2025 after 17 days on market.

Overview

Rental returns & free land!

CURRENTLY UNDER OFFER This property has been priced to sell fast, and if development excites you, this will be right up your alley. Located in North East Valley, only a short walk from the Gardens shopping centre, and the University campus, the property is prime for student rental returns year on year and is rented for $720 per for 2026. The flat consists of 3 large bedrooms and 1 medium bedroom, an open plan living area & kitchen, bathroom + separate shower room. Equipped with two heat pumps, the property has been recently renovated with new paint and carpet throughout. The front verandah and patio area is great for soaking up the afternoon sun. This 1,290m2 site has a 4-bedroom flat at front right of the section, with the back section raring for development. Zoning rules allow for 1 bedroom per 100m2 so up to 8-9 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 (6.9% return on the 2026 rent), very little value has been allocated to the rest of the section, so you're basically getting the land for free, and with a great margin on return, this will be popular!

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
130 m² floor area
1290 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North East Valley over the last 12 months, the estimated median property value of 78 Buccleugh Street is $569.5k.

Median value
$569.5k
Estimated value range
$340k - $770k
Median days on market
42
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North East Valley. 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 78 Buccleugh Street

2025
Sold
Undisclosed
09 Dec 2025 by Andrew James, of Cutlers

Happy sellers in North East Valley

88%
88% of sellers in North East Valley reported that their sale price either exceeded or met their price expectations.

North East Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in North East Valley over the last 12 months.

Local market activity for 4 bedroom houses in North East Valley

In the last 12 months, 11 four-bedroom houses similar to 78 Buccleugh Street, have been sold.

This represents a 100% decrease in four-bedroom houses sales when compared to the previous 12 months.

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