If you’re looking for two double bedrooms and huge potential to expand, this property delivers. Featuring character ceilings, a recently installed heat pump, pellet fire, and a sun-filled interior, it’s an inviting home with plenty of charm. Both bedrooms and the lounge include ornate fireplaces, while a classic pot-belly stove warms the open-plan kitchen and dining area. The bathroom offers a shower over bath, and the expansive outlook towards St Clair adds to the appeal.

Recent upgrades include rewiring, with a number of weatherboards and window frames replaced, giving peace of mind to future owners. The basement level beneath the home is ripe for renovation — a blank canvas ready for extra living space, storage, or creative conversion.

Outside, a peaceful and private backyard awaits your inspiration, offering both space and privacy. Off-street parking adds convenience, while the property’s generous section hints at possible future subdivision potential.

Positioned in a sought-after area, you’re close to local bus routes, zoned for excellent schools, and only a five-minute drive from the Dunedin CBD. With character, comfort, and clear opportunity, 49 Walter Street is a smart step into Dunedin’s property market at a price that may surprise you!