Positioned in a prime central Dunedin location, this 506sqm (+/-) section presents an increasingly rare opportunity to secure a site with exceptional future potential.
With favourable planning guidance suggesting the possibility for multi-bedroom accommodation - potentially up to 11 bedrooms (subject to council consent) - the property offers exciting scope for developers, investors or those looking to landbank in a tightly held inner-city location.
Conveniently located within comfortable walking distance to Dunedin's vibrant city centre, Otago University, Polytechnic and the new hospital, the location significantly enhances both the development appeal and long-term investment prospects.
Opportunities to secure centrally located land with this level of potential are becoming increasingly scarce, making 109 Russell Street a compelling proposition for forward-thinking buyers.