23 Hope Street, Dunedin Central, Dunedin

Character investment with exceptional potential

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Enquire about this property

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23 Hope Street, Dunedin Central, Dunedin

Character investment with exceptional potential

Investments For Sale

$619,000

About

Positioned in an inner-city location, this substantial five-bedroom Edwardian residence presents an outstanding opportunity for investors or buyers looking to create a stunning character home.

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Currently under-rented until the end of 2026, the property offers clear potential to increase rental returns for 2027, making it an attractive proposition for investors seeking future growth. Rental appraisal available.

The flexible floor plan includes a spacious kitchen, dining, and living area on the ground floor, together with a large bedroom with ensuite and a second bathroom. Upstairs, you'll find four additional good sized bedrooms and a third bathroom, providing excellent accommodation for shared living.

The current owners have recently refreshed the interior with new carpet and fresh paint, while previous owners invested in significant improvements, including rewiring, foundation work, and seismic strengthening, all completed to engineers' specifications.

Outside, a private and sheltered rear courtyard with a combined laundry and storage shed provides a practical outdoor space. The property enjoys a sunny aspect, ample on-street parking, and retains many beautiful original features, including a stunning staircase and charming Edwardian character throughout.

Whether you're looking for a proven investment with rental upside, a future family home, or the opportunity to transform a classic character property into an impressive inner-city townhouse, this property offers exceptional potential.

Contact us today to arrange your viewing or request the comprehensive information pack. DCC LIM available early next week.

property details +

Web iD: IN12305
Approximate floor area: 180m2
Rateable value: $550,000

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Agents

Clayton Sievwright

Clayton Sievwright

Residential and Investment Property Consultant

Mobile: 021 191 5555
Direct dial:

Lane Sievwright

Lane Sievwright

Director, Residential and Investment Property Consultant

Mobile: 021 526 366
Direct dial:

Aimee Marsh

Aimee Marsh

Residential and Investment Property Consultant

Mobile: 027 209 3440
Direct dial: