Packed with Potential in a Handy Location

Listed 13 May
21 Melbourne Street, South Dunedin, Dunedin, Otago
Asking price $460,000
Details


Packed with Potential in a Handy Location
Set in the heart of South Dunedin, this solid 1950s brick home presents an appealing opportunity for both first-home buyers and investors looking for value and future potential. The home offers a functional three-bedroom layout, with all three bedrooms featuring built-in shelving. The separate laundry adds everyday practicality, while the open plan kitchen, dining, and living area flows through a comfortable living space warmed by a heat pump in the lounge. The bathroom includes a shower over bath for added convenience. North-facing and bathed in natural light, this is a lovely sunny home that feels bright and welcoming throughout the day. Set on a generous 544sqm leg-in section, the property provides privacy and off-street parking, along with space to further enhance and personalise the outdoor areas.
Well located close to local shops, schools, and public transport, this is a property that combines everyday convenience with long-term upside.
Currently rented at $590 per week on a periodic tenancy. There will be vacant possession from 24th June.
This is a classic home with solid bones, ready for its next chapter.
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Property insights
Past sales & timeline
$430,000
$410,000
$310,000
$215,000
$190,000
$151,610
1950






