506 Pukerangi Road, Middlemarch, Dunedin City

An excellent opportunity for investors to secure a tenanted property offering immediate income, substantial land and long-term potential in a convenient Oamaru location. Set on approximately 6,546m², 1A College Street offers a level of space and privacy rarely found this close to town, while remaining conveniently located to Oamaru's amenities, schools and services. This three-bedroom home is currently returning $550 per week, with a fixed-term tenant in place for 12 months, providing an incoming purchaser with immediate cash flow and greater certainty from day one. Current professional property management is also in place, making this an attractive option for investors looking for a straightforward addition to their rental portfolio. Beyond the immediate rental return, the generous landholding is a genuine point of difference and provides excellent space, privacy and longer-term potential. With an established tenant, professional management and 6,546m² of land, 1A College Street represents a compelling long-term property investment with income already in place. For more information - contact Jeff or Barry

From $625,000

Designed for relaxed family living and entertaining with uninterrupted views of Lake Waihola. This modern, well-appointed home offers generous space, excellent outlook and a layout that makes the most of its lakeside setting. At the heart of the home is the open-plan kitchen and living area, centred around a large island and complemented by a walk-in pantry, providing excellent storage and functionality. A Woodsman wood burner, DVS system and ducted heat pump provide year-round comfort, while a separate lounge offers valuable additional living space. The home features four double bedrooms plus a dedicated office. The spacious master suite enjoys its own ensuite, walk-in wardrobe and sliding-door access to the deck, creating a private retreat with an easy connection to the outdoors. The remaining bedrooms all feature built-in wardrobes. The main bathroom is thoughtfully appointed with both a shower and bath, complemented by a separate toilet and a large utility cupboard providing excellent storage. A double garage with internal access also houses the laundry. Outside, the home takes full advantage of its lakeside lifestyle setting, with the deck providing an ideal spot to relax, entertain and enjoy the surrounding environment. Two small paddocks give room for livestock and pets. Services include septic system for waste and council provided scheme water. This is a spacious and comfortable home offering the functionality and setting required for modern, relaxed lakeside lifestyle living at its best.

By Negotiation

Set on an elevated 2.5 hectare lifestyle property, this beautifully designed home offers privacy, all-day sun, and stunning northerly rural views. Featuring three double bedrooms, including a mezzanine-level master retreat, the home is designed for comfortable living and effortless entertaining. The spacious kitchen, complete with a butler's pantry and integrated laundry, flows seamlessly into the open-plan living and dining area, extending out to inviting outdoor entertaining spaces. Year-round comfort is assured with solar-boosted hot water, a freestanding wood burner, and a heat pump, while established gardens provide exceptional shelter and privacy. Adding further appeal is a separate one-bedroom additional accommodation unit with its own driveway. Currently tenanted, it offers income potential or flexibility for extended family, guests, or a home-based business. A rare opportunity to secure a peaceful lifestyle property that combines comfort, versatility, income potential, and rural tranquillity.

By Negotiation