


Listing Description
Strategic Site with Huge Potential
270 North Road, North East Valley, Dunedin, Otago
To be sold by tender (closes on 28 May)
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $1,140,000 |
Agency reference | DU36997 |
Broadband in the area |
Description
Currently operating as a community centre, 270 North Road presents a unique opportunity for developers, social enterprises, or forward-thinking investors. Zoned General Residential 2 and positioned on a valuable freehold site, this property is part of a larger combined land parcel spanning approximately 1,992 sqm across three separate titles, including 268 North Road and 6 Calder Avenue.
This generous landholding opens the door to a wide range of future uses. Whether you're considering residential development, reinstating a community-focused space, or securing a strategic landbank in a high-demand suburb, this opportunity offers scale, flexibility, and location in one powerful package. The existing structure may lend itself to repurposing, but the real value lies in the land and its zoning potential. With excellent street frontage and a central position in North East Valley, the site is close to public transport, schools, the university, and the city centre, making it attractive to a broad range of future occupants or tenants.
"Note there is no bedroom in this property".
Key features:
- Freehold title
- Zoned General Residential 2
- 1,992 sqm (more or less) combined land area across three titles
- Offered for sale as one package
- High-exposure site in a desirable suburb
- Suitable for redevelopment, landbanking, or community use
While the three properties are individually titled, they will be sold together as one transaction, offering buyers a rare opportunity to secure a sizeable land parcel in a well-established location.
Opportunities of this nature are seldom seen in the Valley.
Contact Martin Whangapirita or Jim Packer today for a full information memorandum or to arrange your inspection.
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