Two Individual Homes $579,000 - Offers Invited
Motivated vendors have reduced the price a huge amount below costs.
# A rare home-and-income opportunity with real character, these Middlemarch properties brings together TWO separate homes, on one single title 926m² section, with a combined 230m² floor area, five carparks and internal garage attached to one cottage.
They are priced by negotiation at $579,000, well below independent valuation and build/renovation costs, it offers flexibility for buyers wanting extended family living, rental options or a lifestyle base with B&B income potential.
The original Jailhouse Cottage has been lovingly renovated into a warm, colourful and welcoming two-bedroom home. Previously operated as short-term accommodation, it features cosy interiors, a pellet fire and updated everyday comfort.
While alongside the original historic two-cell lockup gives the property a story and historic connection.
Sited next door the bonus of a newer 2023 built two-bedroom home adds a modern counterpoint. Designed for easy, stylish living, it includes higher ceiling’s,open-plan kitchen, dining and lounge space, a beautifully appointed kitchen with modern appliances, bathroom with walk-in shower, large Filo pellet fire, HRV system, heat pump, fire sprinkler system, making it equally appealing as a main home, retreat or separate income stream.
Both homes enjoy gated parking, all-day sun and stunning views towards the Rock and Pillar ranges. Live in one and rent the other, revive the B&B set-up, create space for extended family, or use one dwelling as a studio or guest retreat — the options here are genuinely broad and appealing.
Set opposite the showgrounds with amazing views, with the popular Otago Cycleway nearby and 3 cycle shops, plus golf, swimming pool, bowling, fishing + local amenities, this is an affordable and flexible lifestyle proposition less than 45 minutes from Mosgiel,1 hour from Dunedin CBD.
Contact Mark for more information ..
# Home and income
# Multi unit Property
# Solar eclipse 2028
# Best Buy in Dunedin
