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23 Hope Street, Dunedin Central, Dunedin City

Character investment with exceptional potential

dollar

$619,000

House
House
Bedroom
5
Bathroom
3
Floor area
180m2
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Sunday
1:45pm - 2:00pm
26
Jul

Property details

Listing # L41802287 | Listed on 23 July

Positioned in an inner-city location, this substantial five-bedroom Edwardian residence presents an outstanding opportunity for investors or buyers looking to create a stunning character home.

Currently under-rented until the end of 2026, the property offers clear potential to increase rental returns for 2027, making it an attractive proposition for investors seeking future growth. Rental appraisal available.

The flexible floor plan includes a spacious kitchen, dining, and living area on the ground floor, together with a large bedroom with ensuite and a second bathroom. Upstairs, you'll find four additional good sized bedrooms and a third bathroom, providing excellent accommodation for shared living.

The current owners have recently refreshed the interior with new carpet and fresh paint, while previous owners invested in significant improvements, including rewiring, foundation work, and seismic strengthening, all completed to engineers' specifications.

Outside, a private and sheltered rear courtyard with a combined laundry and storage shed provides a practical outdoor space. The property enjoys a sunny aspect, ample on-street parking, and retains many beautiful original features, including a stunning staircase and charming Edwardian character throughout.

Whether you're looking for a proven investment with rental upside, a future family home, or the opportunity to transform a classic character property into an impressive inner-city townhouse, this property offers exceptional potential.

Contact us today to arrange your viewing or request the comprehensive information pack. DCC LIM available early next week.

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