10 Dorset Street, Balaclava, Dunedin, Otago

Set across an impressive 3,035m²(-+) section, this property offers a combination of space and future potential that is increasingly hard to find within the city. What really sets the site apart is its layout. Consent is already in place to subdivide the property into six sections, giving buyers a significant head start when considering the future of the site. With two access points and potentially a third into different areas of the property, the layout lends itself well to the approved subdivision. The land extends well beyond the existing home, with established grounds, large open areas and elevated portions of the site that could make excellent use of the surrounding outlook. For developers, land bankers or buyers simply looking for a substantial property with options for the future, there is plenty here to explore. Equally, there is no need to do everything at once, you can enjoy the space as it is, freshen up the existing home and consider what could be possible further down the track. The solid brick home provides a great starting point, offering two generous bedrooms, a spacious living area with a wood burner, a large kitchen, and views from both the kitchen and bedrooms. A sunroom/conservatory adds another substantial living space and connects through to the outdoor areas, while internal-access garaging and additional off-street parking add everyday practicality. There is plenty of opportunity to renovate and modernise the home to your own taste, but it is the sheer amount of land surrounding it combined with the existing consent for six sections that makes this property particularly exciting. Whether the plan is to move ahead with the approved subdivision, hold for the future or simply secure an unusually large piece of land with an existing home already in place, 10 Dorset Street presents an opportunity with plenty of possibilities.