Back 8 Morrison St
Off Market

8 Morrison St

Caversham Otago

4
1
1
364 m²
House
Alana CarrollAlana Carroll, last sold this property on 12 August 2026 after 75 days on market.

Overview

Villa with Investment & Development Potential

Currently tenanted until 07/03/27 at $570 p/week, this property presents an excellent opportunity for investors looking to step onto the property ladder with immediate rental income in place. Positioned in a convenient location close to local amenities, this charming early 1900s character villa offers space, warmth and exciting future possibilities. Featuring four generous-sized bedrooms, this home combines classic charm with practical living. The open-plan kitchen, dining and living area is the heart of the home, complete with both a heat pump and wood burner for year-round comfort. Several original ornate features remain throughout the property, adding timeless appeal and character that villa lovers will appreciate. The layout includes: - Four spacious bedrooms - Separate bathroom and toilet - Good-sized separate laundry - Open-plan living area - Heat pump and wood burner - Original character detailing Outside, you'll find a fully fenced compact terraced backyard with sheds for extra storage, plus a small off-street park suitable for a compact vehicle or similar. There may also be options to explore further development potential - contact me for more information. Character, convenience and opportunity all in one. Viewing by appointment only. Please note: some of the photos have been digitally altered for the privacy of the tenants.

Features

4 bedrooms
1 bathroom
1 carspace
1 open car space
364 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Caversham over the last 12 months, the estimated median property value of 8 Morrison St is $502.5k.

Median value
$502.5k
Estimated value range
$400k - $545k
Median days on market
68
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Caversham. 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 8 Morrison St

2026
Sold
Undisclosed
12 Aug 2026 by Alana Carroll, of Ray White Dunedin (Proven Realty Limited)
2016
Sold
Undisclosed
17 Jul 2016 by Jason Hynes

Happy sellers in Caversham

74%
74% 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 33 reviews in Caversham over the last 12 months.

Local market activity for 4 bedroom houses in Caversham

In the last 12 months, 3 four-bedroom houses similar to 8 Morrison St, have been sold.

This represents a 70% increase in four-bedroom houses sales when compared to the previous 12 months.

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