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85 Formby Street, Outram, Dunedin City

Price by Negotiation

6.13ha

Outram Lifestyle Opportunity

Location opportunities such as this are rarely offered up to the market, - 85 Formby Street offers 6.1335 hectares of flat land right on the boundary of the vibrant and growing Outram township.

Offering an unusually generous size land parcel along with all the benefits of a town address, there is scope for a range of uses, whether livestock grazing, horticulture, equestrian, or perhaps lease it out as is currently the case and enjoy a passive income as you land bank for the future.

The privately situated three bedroom plus office home, set amongst established gardens enjoys a north facing aspect and offers a feeling of genuine seclusion, yet a sense of being still in town. Heated by Yunca log-burner as well as heat-pump, it features a bright and modern open-plan kitchen, with dining area opening out to a pleasant outdoor area and front lawn. The living space is also enhanced by the separate large lounge, accessed via French doors from the dining area.

The bathroom has been updated too, which includes a bath, and there is a second shower and toilet located in the garage/office area.

There's plenty of room for the toys or the project, with attached garage plus a substantial concrete-floor shed handily located adjacent to the home, as well as the previously used hot house, - generously proportioned at approximately 38m x 10m.

With a prime Outram location opportunity like this, space to enjoy and sheds for the toys, - the astute buyer won't want to let this one pass by!

Additional details

Type

Lifestyle Property

Property ID

DUN39824

Listed on

11/07/2024

Updated

9 days ago

Data

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OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

Property data

Broadband available

Floor area

200m²

Land area

6.13ha

Type of title

Freehold

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Outram, Dunedin City

Outram is a suburb which lies within the Territorial Authority of Dunedin, one of 97 residential suburbs which form the wider region. Outram is the 39th largest suburb of Dunedin in terms of the total number of residential housing stock. Outram 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 1970 - 1979. Residential housing stock in Outram is made up of approximately 80% residential housing , 1% residential investment housing and 19% lifestyle properties.

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Price by Negotiation

85 Formby Street, Outram