Back to Dunedin, New Zealand

36 George Street, Port Chalmers, Dunedin City, Otago

Dunedin, New Zealand

Guide Price

$461,100

795,000 NZD

PROPERTY TYPE

house

BEDROOMS

2

BATHROOMS

1

36 George Street, Port Chalmers, Dunedin City, Otago - Photo 2
36 George Street, Port Chalmers, Dunedin City, Otago - Photo 3
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Description

Positioned proudly on the main street of Port Chalmers, this substantial mixed-use building comes with three established tenancies already in place. Invest in the building with a hands-off approach to the business, and enjoy a current weekly return of $1,400. Important Information: NBS Rating: 40% Cafe (until 2/9/27) and flat (Periodic) leased to the same Tenant($600pw cafe and $400pw flat) Shop lease flexible and negotiable ($400pw) current expiry 1/1/26 At the front, a spacious shop has been tastefully renovated in keeping with the building’s original charm. Formerly a much-loved café, it

features polished concrete floors, character ceilings, and large bifold doors that open wide to the street. This space includes its own bathroom and separate toilet, a commercial kitchen that services the back café, and a storage area that could easily be reinstated as the original bar. To the rear of the shop is a sunny, sheltered courtyard with access to the popular new café, connected by a shared gate between the driveway and courtyard. The café is warmed by a cosy fireplace and bathed in natural light streaming through its bifold doors. In the warmer months, these open to create a relaxed al fresco dining atmosphere. The café also includes its own toilet and serving kitchen, and is well-patronised by both locals and tourists alike. Above the shop, with its own private entrance, is a tidy two-bedroom apartment. Retaining its period features, it offers decorative fireplaces, original timber detailing, and high ceilings. The bathroom includes a traditional chain-pull toilet, paying homage to the building’s history. The kitchen boasts a walk-in pantry and laundry, while a small private deck provides a sunny spot to relax. A hallway heat pump, along with excellent sun, keeps the apartment warm year-round. This rare opportunity is offered with all three leases in place. The Property Pack with NBS Report can be downloaded from the listing on our Tall Poppy website. DCC rates are $7,138.03 PA. Power and water rates are paid by the cafe leasee. Insurance $10,400

Location

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Living in Dunedin

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Andrew Berryman - Tall Poppy Real Estate (Licensed: REAA 2008)

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD