• 597sqm of freehold land, fully fenced with four on-site parking spaces
• Expansive two-storey character residence covering over 464sqm
• Comprising 19 rooms, including seven ensuite options
• Equipped with security system, smoke alarms and sprinkler system
• 400m to Dunedin’s CBD and the University of Otago
Presenting a compelling opportunity to acquire both the land and building, zoned Inner City Residential. Currently operating as a professionally managed boarding house, this property was formerly known as the “Kiwis Nest Backpackers.” It offers the potential for conversion back to a hostel or transformation into contemporary inner-city residential apartments.
Buyers seeking an investment with significant upside and versatility will find this property of interest. Don't miss this extraordinary chance to secure a charming, income-generating multi-unit investment in one of Dunedin's most desirable and well positioned locations.
Call today to schedule a viewing!
