Residential
More from realestate.co.nz:
Agents News

206 - 208 Hillhead Road, CORSTORPHINE, Dunedin City

Two Homes, Multi Income – Potential Development?

dollar

Deadline Sale

House
Home & income
Bedroom
4
Bathroom
2
Land area
1014m2
On this page:

Open homes

Sunday
2:00pm - 2:30pm
26
Oct

Deadline sale

Wednesday
4:00pm
05
Nov

Property details

Listing # 6986069 | Listed on 23 October

Presenting a rare and rewarding opportunity in the heart of a high-demand residential enclave, 206 & 208 Hillhead Road offers exceptional versatility for investors, developers, or those seeking multi-generational living with income on the side.
Set across a generous 1,014m² (approx.) freehold site, this dual-dwelling property features two fully self-contained 2-bedroom homes, each enjoying its own private outdoor space and independent access. Whether you’re housing extended family, supplementing your mortgage with rental income, or eyeing future development (subject to council consent), this property adapts to your vision with ease.

No. 206 – Currently tenanted until Jan 2026 offering strong rental potential of $480–$500 per week.

No. 208 – Also tenanted on a periodic lease, mirroring the same rental expectations.

Together, they offer a projected combined income of up to $980 per week, making this an immediate cashflow performer
The wide street frontage, services on site, and favourable zoning hint at exciting future potential, while the current setup provides a solid, low-maintenance return from day one.
Conveniently located near local shops, supermarkets, schools, and public transport, tenants and owner-occupiers alike will appreciate the lifestyle ease and connectivity this location provides.
Whether you’re growing your portfolio or planning for the future, this is a chance to secure a smart investment with multiple pathways forward. Opportunities of this calibre are few and far between—act quickly to avoid missing out.

*** Prior Offers Considered ***

Public Download Link: https://www.ganeshrout.co.nz/current-listings/206---208-hillhead-road-corstorphine-dunedin

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Water closet
2 Separate toilets

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration