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784 Portobello Road, Broad Bay, Dunedin City

Price By Negotiation

1.38ha

Paradise on the Peninsular

Step into paradise on the stunning Otago Peninsula, where serenity and natural beauty surround you at every turn. My owners have made the move from Dunedin, and their cherished home is now ready for new owners to embrace the endless potential it offers!

This fantastic property features a main home full of character, privacy, and breathtaking harbour views from the north facing deck. Several alterations have already been completed including a brand-new kitchen with a Belling oven but there's still room to add your personal touch and enhancements. But the opportunity doesn't stop there. There are two separate studios, which hold untapped potential. Resource and building consents are already in place to create fully self-contained living in the front cottage and add a third bathroom to the rear studio. Whether you're seeking a retreat for extended family, a work-from-home haven, a bed-and-breakfast (subject to council approval), or even a yoga studio, this is your golden chance!

Set on over 1 hectare of lush land, you'll be serenaded by the sounds of fantails, tui, and wood pigeons, who will make regular appearances. This property also boasts an oversized double garage with an additional studio space above and there is ample parking for all your vehicles, campervans, boats and trailers.

The large front deck is the perfect spot to entertain guests, soaking in the incredible views of Pudding Island and the Otago Harbour. Situated near the Peninsular bike path means commuting to the city by bike has never been easier. Forget online estimates or RVs - the motivation to sell is as strong as ever, and this is your chance to own a truly unique property in one of New Zealand's most beautiful locations. Don't miss out on this once-in-a-lifetime opportunity to call this paradise home.

Additional details

Type

House

Property ID

DU36863

Listed on

05/02/2025

Updated

26/02/2025

Data

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

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Property data

Broadband available

Floor area

150m²

Land area

1.38ha

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Broad Bay, Dunedin City

Broad Bay is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Broad Bay is the 47th largest suburb of Dunedin in terms of the total number of residential housing stock. Broad Bay provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Broad Bay is made up of approximately 93% residential housing and 7% lifestyle properties.

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