Welcome to your slice of paradise! And, yes, it's Freehold! From the moment you set foot on this iconic coastal property in the heart of Cape Saunders, deep on the Otago Peninsula, you'll understand why this is what dreams are made of!

Nestled right on the edge of Papanui Inlet, this charming one-bedroom waterfront cottage offers so much more. A true generational getaway, this retreat has comfortably hosted extended family for years - with space to sleep many thanks to clever use of bunks and additional beds. Now, it's your turn to write the next chapter.

Key Features:

• Absolute waterfront with uninterrupted views of the Papanui inlet

• Spacious verandah for all-day sun and serene outlooks - no neighbours in sight, just the local fur seals on your private rocky beach at low tide!

• Character-filled cottage re-piled, re-clad, re-roofed - all in keeping with its original charm

• Separate bathroom, laundry, and generous basement storage

• Room to extend or build on the adjacent land (subject to building consent and resource consent)

• Rare boat shed included - packed with fishing gear and even a boat (maybe two!)

• Roadside parking for multiple vehicles

• A potential income-generating holiday home or exclusive retreat - the choice is yours

• An Irreplaceable Location

Cape Saunders offers unrivalled privacy, natural beauty, and access to some of Dunedin's finest coastal attractions. Victory Beach, Larnach Castle, Portobello, the Albatross Colony, and Harington Point are all nearby for unforgettable day trips. Yet, when you're here, you'll feel like you're in another world entirely.

Make It Yours - A Once-in-a-Lifetime Legacy Purchase

After decades of memories, the current owners are ready to pass the torch to the next lucky family. This is your chance to secure a rare coastal gem - a property that offers not just a home, but a lifestyle and a legacy.

Going to Auction - This One Will Fly!

Opportunities like this are few and far between. Come along to the Open Homes while you can or contact me today to arrange a private viewing. You'll see first hand why this unique coastal retreat is going to fly at auction!

Auction 29 October 2025 (unless sold prior)