Positioned in a prime central Dunedin location, this 506sqm (+/-) section presents an increasingly rare opportunity to secure a site with exceptional future potential.
With favourable planning guidance suggesting the possibility for multi-bedroom accommodation - potentially up to 11 bedrooms (subject to council consent) - the property offers exciting scope for developers, investors or those looking to landbank in a tightly held inner-city location.
Concept Drawings of the building example shown are available.
Conveniently located within comfortable walking distance to Dunedin's vibrant city centre, Otago University, Polytechnic and the new hospital, the location significantly enhances both the development appeal and long-term investment prospects.
Opportunities to secure centrally located land with this level of potential are becoming increasingly scarce, making 109 Russell Street a compelling proposition for forward-thinking buyers.
