


Listing Description
Blue Chip Real Estate, Premier Dunedin Location
11 Elder Street, City Centre, Dunedin, Otago
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Parking | Garages: 1 |
Agency reference | RX4542555 |
Broadband in the area |
Description
Often sought and seldom found, 11 Elder Street is a rare offering that combines a premium, inner-city location together with a 1022sqm freehold allotment. The six-bedroom home is currently tenanted and has proven a reliable investment for almost three decades, whilst in the current families' ownership.
Significant potential exists to explore further development opportunities, or intending purchasers may wish to enhance the existing dwelling that exhibits approximately 290sqm of floor area, whether that be for investment purposes or from an owner-occupied standpoint. Either way, exponential growth in this location becomes a distinct reality, as property adjoining the city centre will always be highly valued and tightly held.
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