5 Kirk Street, Middlemarch, Dunedin City

This tidy property features three separate two-bedroom, one-bathroom units with off-street parking and new heat pumps installed for year-round comfort. Currently tenanted by three happy tenants eager to stay, this is a fantastic income-generating asset not to be missed. Unit 1 & Unit 3 - rear of home • Both units enjoy private garden areas • Laundry facilities located in sheds at the rear • Bathrooms feature a shower over bath, vanity, and toilet Unit 2 - Street Front • Includes a garage with internal access to the home • Bathroom with a shower over the bath and vanity • Separate toilet for added convenience • Inside laundry Location & Return • Situated in a desirable neighborhood, 5 minutes walking distance to Fenwick School • Easy access to local amenities, parks, and scenic attractions • Current rental 10% return

Buyers $530,000+

This freehold 10-unit motel complex accompanied by a modern two-bedroom home is strategically located to take in the best sea views that Kaka Point has to offer. Perfectly positioned at the start of the Southern Scenic Route, this property offers a fantastic opportunity for an astute purchaser to capitalise on this popular holiday destination. Key features include: • Prime location - walking distance to the beach and cafe/bar • 10 well-maintained units - including five studios (four accessible), three twin units, and two x 2 bedroom units • Owner's accommodation - beautiful modern two-bedroom home with exceptional sea views, private deck with spa, wood burner and modern appliances • Generous land size - 3,036m2 (approximately) with potential for further development • Modern comforts - gas hot water recently installed • Quality construction - majority of units double-glazed, with one block of units only three years old • Ample parking • Guest amenities - BBQ facilities • Storage - includes two storage containers This turnkey lifestyle business has been successfully run as a boutique accommodation option, with the potential to increase revenue by adding more online travel agent services and adjusting tariffs. Kaka Point is a popular tourist destination, known for its breathtaking scenery and wildlife, making this an exciting investment opportunity. If you're looking for a seaside lifestyle accommodation business or have other plans for this generous site, this is your chance. Get in touch today!

Price on Application

We offer for sale this unique opportunity to purchase this large-scale residential property, the property has been utilised as an accommodation unit for a local contractor however, it would also be suitable as a residential home for a family. This property has been well maintained both internally and externally and is presented in an excellent condition, perfect for the purchasers for their intended use. The large parcel of residential land being 4629 sqm also provides numerous options for further development by way of subdivision etc. Being located in the popular farming district of Strath Taieri, in the town of Middlemarch, this property offers many opportunities with the Central Otago Rail Trail along with Oceania Gold Mine being located in the greater district. If you are looking for either an investment property or a large-scale residential property this could very well be the property for you! Call today to arrange a time to view.

$360,000