A rare home-and-income opportunity with real character, these Middlemarch properties brings together two separate two-bedroom homes, on one single title 926m² section, with a combined 230m² floor area, five carparks and internal garage attached to one cottage.

All priced at a sell now $599,000 deal and noted as offered well below independent valuation and build/renovation costs, it offers flexibility for buyers wanting extended family living, rental options or a lifestyle base with B&B income potential.

The original Jailhouse Cottage has been lovingly renovated into a warm, colourful and welcoming two-bedroom home. Previously operated as short-term accommodation, it features cosy interiors, a pellet fire and updated everyday comfort.

While alongside the original historic two-cell lockup gives the property a story and historic connection.

Sited next door the bonus of a newer 2023 built two-bedroom home adds a modern counterpoint. Designed for easy, stylish living, it includes higher ceiling’s,open-plan kitchen, dining and lounge space, a beautifully appointed kitchen with modern appliances, bathroom with walk-in shower, large Filo pellet fire, HRV system, heat pump, fire sprinkler system, making it equally appealing as a main home, retreat or separate income stream.

Both homes enjoy gated parking, all-day sun and stunning views towards the Rock and Pillar ranges. Live in one and rent the other, revive the B&B set-up, create space for extended family, or use one dwelling as a studio or guest retreat — the options here are genuinely broad and appealing.

Set opposite the showgrounds with amazing views, with the popular Otago Cycleway nearby and 3 cycle shops, plus golf, swimming pool, bowling, fishing + local amenities, this is an affordable and flexible lifestyle proposition less than 45 minutes from Mosgiel,1 hour from Dunedin CBD.

Contact Mark for more information as the vendors very motivated to sell..

# Home and income

# Multi unit Property

# Solar eclipse 2028

https://middlemarch.nz