2 Clearwater Street, Broad Bay, Dunedin

Two bedrooms - 1950s ex-state house - 817m2 - General Residential 2 Offered for sale by the estate after the passing of one of the owners. A mid-century ex-state house on a generous, flat Spey Street section, close to Mosgiel shops, schools and the town centre. The house is a two-bedroom 1950s home of about 100m2 and it is in poor order. The rating split tells the story: land value $465,000, improvements $30,000, capital value $495,000 as at 1 June 2025. You are buying the land. The house could stay or it could be levelled? An excavator will make quick work of that. The section is zoned General Residential 2, the zoning that allows smaller sites and ideal for the developer or the land banker. At 817m2 there are options to split in half or way down to eight x one-bedroom equivalents, however you wish to configure that. New multi-developments have gone in up and down the street. For an owner-occupier, this home could be renovated, so this option is not to be discounted in a street that is already changing. A straightforward estate sale. Land first, house second. See you at the scheduled open homes.

Buyers $399,000+

Whether you are searching for your first home, an investment property, or a Dunedin base you can simply lock and leave, this one deserves your attention. This remastered 1970s build offers an entry level step onto the property ladder with three bedrooms, two doubles and a single. Modernised kitchen and bathroom. The bathroom combines with the practicality of laundry facilities. The master bedroom has a slider onto the elevated deck, as does the living space offering the opportunity to open up the home to the sounds of the ocean and views over Chisholm Links golf course. Other features include new carpet laid in 2022, a wood burner with upgraded flue, HRV system and a new heat pump to help warm you on these cooler days and nights. For buyers who value simplicity, low maintenance, and convenience, this home ticks every box. The section is intentionally easy‑care, with a minimal garden and a basement area ideal for a small workshop, extra storage, or space for a freezer. Two parking spaces are located at the entrance, accessed via a shared driveway off Norman Street. Please view at one of the scheduled open homes or by private appointment. Be quick as this beautifully presented home in this popular location will not last long.

Buyers $479,000+

Built in brick and brimming with charm and character this is a lovely home for first home buyers or young families to start their property journey. This home is well positioned in Mornington, loved for its proximity to just about everything. The 1930s character is evident right from the traditional entrance that welcomes you home. Once inside, you get a sense of the homely feel straight away. The living area is open plan, with a comfortable lounge featuring lush new carpet, beautiful wood windows framing the views out to sea, and warmth provided by an in-built fire and heat pump. The kitchen has lovely original wood floors, good bench space and clever storage solutions. There are three good-sized bedrooms, with the master bedroom offering a lovely bay window and a heat pump. The wood floor is a beautiful feature of the bathroom, while the laundry is tucked away in a nook in the living area. The high ceilings, leadlight windows, timber paneling and ornate ceilings will all have the character lovers feeling right at home. Outside, the home offers yard space front and back, along with a single garage. This property is sure to attract plenty of interest, be sure to view early.

By Negotiation