• 2 Beds
  • 1 Baths
  • 309 Square metres

Description

Situated on a 309m² R2-zoned section, this property in the heart of Caversham presents an exceptional opportunity for developers looking to maximise their investment. With zoning that allows a bedroom to be built for every 60m², the site holds significant potential for expansion or redevelopment.
The existing two-bedroom home offers a solid foundation, with a spacious kitchen ready for a modern update, and a cozy living room equipped with a heat pump-ideal for Dunedin's cooler climate. The bathroom features a shower over the bath, vanity, and toilet, catering to current household needs.
Outside, the low-maintenance yard includes a separate utility or hobby room, providing additional space for storage or project use. Off-street parking for one car adds to the property's convenience. Located close to Caversham's town center and just minutes from South Dunedin's amenities and the CBD, this property offers developers a prime canvas for future growth.
Don't miss the chance to explore the possibilities this property holds.