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25A Fea Street, Dalmore, Dunedin City

$165,000

431m²

Build to rent!!!

Recently sub-divided, this rear yard section is one of only a few opportunities to build yourself in a location back from the road, and slightly elevated for views down the valley. The area is surrounded by a mixture of owner occupied and rental housing and is close enough to the University to attract students looking for quieter accommodation on the fringe of the campus area.

The land zoning allows for up to nine bedrooms which can be built in multiple dwellings for rental accommodation (subject to consents). A Resource Consent has been granted early 2024 for a three-dwelling construction of two bedrooms each including internal garaging within two of those dwellings.

Services are to the boundary with the exception of power, however trunking is already in place to make this easier to access.

With the city feeling the squeeze of rental accommodation, newly built housing is in high rental demand and this opportunity should not be overlooked.

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation including Council LIM, Consent Notice and a Geotechnical Report.

Viewings are by private appointment only with our Broker.

Additional details

Type

Section

Property ID

63151ec7-8812-4e1a-811e-d5e6d8d7df00

Listed on

17/05/2023

Updated

08/07/2024

Data

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Broadband available

Land area

431m²

Type of title

Freehold

Contour

Easy/Moderate rise

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Time (yrs)

5 yrs

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Dalmore, Dunedin City

Dalmore is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Dalmore is the 49th largest suburb of Dunedin in terms of the total number of residential housing stock. Dalmore provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1920 - 1929. Residential housing stock in Dalmore is made up of approximately 95% residential housing , 4% residential investment housing and 1% lifestyle properties.

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