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342 High Street, Dunedin Central, Dunedin City

Name: Open Home - 01:45pm - 02:15pm
Start: 2026-10-18T00:45:00.000Z
End: 2026-10-18T01:15:00.000Z
Location: 342 High Street

Deadline Sale 5 Nov 2026 (unless sold prior)

5

4

310m²

830m²

Views, Character, Endless Possibilities

This magnificent two storey Victorian sits proudly in a streetscape of heritage buildings, offering character, space and flexibility just a 10 minute walk to the Octagon. Once the much loved Deacons Court B&B, it's now a home that can work as hard as you want it to.

The current owners have lived upstairs and run their business from the lower level, which shows how adaptable the layout is. The upper level offers two or three bedrooms, kitchen, living and an outdoor deck, with some rooms enjoying sensational views across the city and down the Harbour. Downstairs, two further generous bedrooms with their own bathrooms suit a business, a second household, or rental accommodation.

Set on a generous 830sqm section, the rear of the property is a real surprise. A large, light-filled conservatory opens onto a private, north-facing garden alive with native birdsong, perfect for entertaining, relaxing or hosting guests. Space like this is rare so close to town.

Major work has already been done. The property has been rewired, and re-roofed, giving you peace of mind to focus on making it your own.

Ways to make it work for you:

Live upstairs and earn downstairs: run a business, B&B or guest accommodation from the lower level while living above.

Two households, one address: ideal for two families who want to share a home whilst maintaining a degree of individuality.

Full rental: a substantial investment opportunity in a sought-after central location.

A grand family home: reclaim the full house and enjoy the space, character and garden.

It was a popular, successful B&B for years and could be again, with guests drawn to the location and the charm. Whichever path you choose, you're buying heritage character, a lifestyle and the flexibility to supplement your income.

A LIM is available, so you can explore the possibilities with confidence. Come and see them for yourself.

Additional details

Type

House

Property ID

DU37888

Listed on

15/10/2026

Updated

yesterday

Open Homes1

Sun, 18 Oct

01:45PM - 02:15PM

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Listed for sale on OneRoof for 2 days (last updated on 15 October) and was last sold in 2013 for $660,000. OneRoof now estimates this property to be $1,070,000 and its latest rating valuation by Dunedin City council is $1,070,000 as of 2025. There are 24 5-bedroom properties for sale nearby. There are 52 properties for sale in Dunedin Central.

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Property data

On OneRoof

1 days

Property Type

House

Floor Area

310m²

Land Area

830m²

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Dunedin Central, Dunedin City

Dunedin Central is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Dunedin Central is the 3rd largest suburb of Dunedin in terms of the total number of residential housing stock. Dunedin Central provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1900 - 1909. Residential housing stock in Dunedin Central is made up of approximately 78% residential housing and 22% residential investment housing properties.

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