129 Corstorphine Road, Corstorphine, Otago - MultiFam Sold on 19 08 2025

SoldAug 19, 2025

129 Corstorphine Road, Corstorphine, Otago

$650,000

1181 sq.

MultiFam

•

19 days on the market

Sold: Aug 19, 2025

What's around 129 Corstorphine Road

Multi-Unit Investment – Income or Development

Whether you're a savvy investor or a live-in landlord, this rare dual-dwelling opportunity on a single freehold title offers exceptional versatility and long-term value. Set on an expansive 1,155m² (approx.) in a sought-after residential pocket, the property comprises two fully self-contained 2-bedroom homes—each with its own private backyard—providing independent and comfortable living for tenants, family, or both. At No. 129, the home has been tastefully renovated and is currently tenanted on a periodic lease. With modern interiors and strong appeal, it offers rental potential of up to $500 per week. Next door, No. 131 is also tenanted on a periodic lease and shares the same rental potential up to $500 per week.—delivering instant income from day one. Together, these homes provide a projected combined income of up to $1,000 per week, making this a compelling cashflow performer. Beyond the immediate returns, the property offers excellent street frontage, services on site, and development potential (subject to council consent)—making it a standout option for those with an eye on the future.This is a site that invites long-term thinking and smart planning. Ideally located close to shops, supermarkets, schools, and public transport, this is a high-demand area offering strong rental appeal and solid capital growth prospects. Opportunities like this don’t come along often. Whether you're stepping into the market or adding to your portfolio, 129 & 131 Corstorphine Road is a must-see. Act quickly—your future self will thank you. *** Prior Offers Considered ***

Looking for more information on 129 Corstorphine Road?

Explore comparables, sales history and growth for this property.

Learn more

Buyer's review

8 months ago

Verified Review

An excellent buying experience

As buyers, we were very impressed with Ganesh Rout, even though they were representing the seller. He was professional, approachable, and always responsive to our questions. Every step of the way, he kept the process transparent and made sure things moved smoothly and fairly. Ganesh struck the perfect balance between advocating for his client and treating us with respect and integrity. Buying a property can feel stressful, but his calm and knowledgeable approach made it a really positive experience. We would gladly recommend Ganesh to anyone looking for a reliable and excellent real estate agent.

Eliesa & Noela

Buyer

Seller reviews

8 months ago

Verified Review

Another great sale

We recently sold our rental property with the help of Ganesh and his team, and we couldn't be more pleased with the entire process. From our very first conversation, Ganesh and his team were professional, knowledgeable, and incredibly approachable. He guided us through every step with clear communication, honest advice, and a calm, confident approach that made the experience stress-free. Ganesh and his teams market knowledge and strategy led to a smooth sale, and we were very happy with the outcome. He was always available to answer our questions and kept us informed throughout, which we really appreciated. If you're looking for a reliable and hardworking real estate group who truly care about your goals, we highly recommend Ganesh and the rout group. Thank you again for your fantastic service!

Jan & Mike

Seller