Living Corporation

Looking for houses for sale in Dunedin? You've come to the right place.

Looking to find a house, section or lifestyle block for sale in Dunedin and greater Otago? Start your search here at Living Corp, real estate specialists with a fresh approach buying and selling property. Living Corporation also lists businesses for saleDunedin homes for rent and offers property management and free home appraisalsGet in touch today and let us know how we can help you find your dream home.

Agent's details

  • Carol Williamson

52 Sutherland Street, Central City Negotiable from $519,000

Quick sale of this beautiful old girl is required as Lemon Fix is required elsewhere

Features

  • Make the most of this exceptional opportunity, recent neighbouring sales would suggest $580,000 was achievable, neg $519,000 is now acceptable!!
  • Five double bedrooms all on the upper level with two bathrooms - one up and one down
  • Talk to us about a stunning home for yourself, family or discerning quality rental accommodation with options which we have figures to back up 10.9% gross return on a room by room basis
  • Rewired, replumbed and remastered for a family or as a top end inner city investment
  • Contemporary and classic styling mixed in to make the kitchen a hub of vitality and adjacent the large lounge and access to front patio

Description

After numerous top-end renovations in the city, the talented team at the Lemon Fix have just completed a thorough rejuvenation of this 155 square metre, double storey homestead and wow, what a result! Formally owned by the Lane family of iconic Lane's soft drink fame, this home has had every surface touched and has been rewired, re-plumbed and remastered for another generation of living. Ideally suited for a family who needs to live on the doorstep to the city or perhaps that investor looking for a top end, inner city investment, this property is guaranteed to impress with every detail covered off by the Lemon Fix team. 

Whether you are buying for a family home or an investment, this home stacks up on both accounts. With regard investment, rent out on a per room basis, put in furniture, a microwave, jug and toaster in each room, add a few more ingredients and you will attract some great tenants to this inner city residence. With an independently assessed return of $1,135 per week, your gross returns based on the asking price of $520,000 will be 10.91 percent! Whether you want hands on managment with your hands or those of our recommended propertry manager, returns such as this are indeed possible, but behind every successful venture is a formula and we are prepared to share this if you wish to listen and put it into practice.

All five double bedrooms are upstairs and the view from the two larger bedrooms which face the harbour are jaw dropping to say the least. Ground level access to the bottom floor through the open car parking and top floor access from the road are welcome features of this house and the grand staircase that majestically links the two is very photogenic and integral to the aesthetics of this early 1900's home. Whether you arrive at the top level and descend the stairs or knock on the solid Kauri front door, the spaces at the bottom inclusive of the light and airy kitchen, lounge and front porch are well worthy of extra time to linger.

Inner city living and the desire to buy homes in the inner city, is certainly starting to follow an upward trend. If you want a rejuvenated classic home with all its charm and new infused reliability, you must see 52 Sutherland Street this weekend at the scheduled open home or by private appointment. With the return to High Street of the cable car, this area with its historic buildings and proximity to town will take on a whole new level of desirability and you'd be wise to hop on for the ride.

Call today to discuss the options with this property. Whether you wish to have a hands off investment or even a live in scenario with boarders, or simply a great family home, lets take a closer look.....

Map

While we've done our best to correctly map this location, it may not be exact.