Opportunities like this are becoming harder and harder to find. Held by the same family for more than 50 years, this much-loved property is now ready for a new owner to unlock its enormous potential—and buyers who can position themselves with cash will have a serious edge.

Originally built in the 1960s and expanded with a 1990s top-floor addition, the home offers solid construction, generous proportions, and exceptional scope to add value. This is exactly the kind of property where smart buyers can create significant equity through renovation, modernisation, or strategic improvement.

And here’s the exciting part—if you can get yourself into a cash position, you could secure an outstanding buy.

In the current Dunedin market, cash buyers stand apart. The ability to act quickly, purchase unconditionally, and move without finance delays can put you in an extremely strong negotiating position and open the door to genuine value opportunities that financed buyers may miss.

Whether you’re looking to renovate and create a dream home, flip for profit, secure a long-term investment, or establish a high-performing rental, the upside here is undeniable.

Inside, the flexible layout includes four bedrooms plus a versatile fifth room ideal as an additional bedroom, office, studio, or sunroom, along with two bathrooms to comfortably accommodate families, flatmates, or tenants. Existing features include a heat pump, gas fire, ceiling and underfloor insulation, electric hot water, inbuilt wardrobes, and excellent under-house storage.

Outside, the separate garaging with potbelly stove provides valuable extra utility—perfect for projects, hobbies, or workshop space—while off-street parking adds convenience and practicality.

Privately tucked away and surrounded by nature, the setting feels peaceful and secluded, with birdsong and open outlooks creating a true retreat atmosphere, all while being just minutes from town in a proven, sought-after suburb.

Properties with this level of potential, location, and opportunity rarely come to market. For buyers prepared to act decisively—particularly cash buyers—this could represent one of the best value opportunities available.

Get yourself in a cash position, move quickly, and you could secure a fantastic buy with serious future upside.

Make no mistake—this property will be sold at auction.