Positioned in the heart of Dunedin's CBD, 34 MacLaggan Street presents an exceptional opportunity to transform a well-located commercial building into a high-quality residential investment.

Previously utilised as commercial premises, the current owners have successfully obtained resource consent to re-establish the property as a residential activity, providing purchasers with an outstanding opportunity to create a bespoke inner-city residence or residential rental investment.

The charming two-storey building is well presented throughout and offers a versatile layout comprising eight rooms, two toilets, and a kitchen area across two levels. A neutral interior provides an excellent foundation for renovation and redevelopment.

Surrounded by prominent businesses and amenities, including the Otago Regional Council headquarters, Speight's Ale House, Harvey Norman, and just a short stroll from The Exchange and The Octagon, the property enjoys a premium central city location with strong long-term appeal.

Whether you're an investor, developer, or someone looking to convert a character building into a unique city property, this is a rare chance to add value in a tightly held location.

A comprehensive information pack, including the LIM Report and Resource Consent documentation, is available upon request.

Deadline Sale - Closing 2pm Wednesday 23rd September 2026 at our Dunedin office (no prior offers).

Web iD: IN12322
Approximate land area: 219m²
Approximate floor area: 200m²
Rateable value: $455,000