10 Beach Street, Waikouaiti, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$208,220
359,000 NZD
PROPERTY TYPE
house
BEDROOMS
2
BATHROOMS
1
Description
Set on a classic Kiwi quarter acre, this sunny two-bedroom home presents a genuine opportunity to get onto the property ladder and create something special over time. Whether you’re looking for your first home, a coastal retreat, or a project with room to grow, this is a property brimming with potential. Interior Built in the 1970s, the home offers a cosy and comfortable layout with open-plan kitchen and living, centred around a wood fire that keeps the space warm and welcoming through the cooler months. Two bedrooms, a tidy bathroom with shower and vanity, and a simple, functional floor plan make this an easy place to live in now — while leaving plenty of scope to update and personalise. Exterior Step outside to a decked area that’s ideal for soaking up the sun, and a generous 1012m² section that really sets this property apart. The size of the land opens the door to future possibilities — whether that’s enhancing the outdoor living, extending, or simply enjoying the space as it is. A carport and separate shed add practicality without overcomplicating things.
Features • Two-bedroom 1970s home • Open-plan living with wood fire • Sunny deck area • Large 1012m² section • Carport and shed • Endless potential to add value over time
Location Perfectly positioned within easy walking distance to the township, you’ll love being close to local cafés, shops, and community life — with the beach and lagoon just a stroll away. Add to that a straightforward commute to Dunedin (approximately 25 minutes), and you’ve got lifestyle and convenience well balanced. The current owner has held the property for just over a year, and due to work commitments is moving on — creating an exciting opportunity for the next owner to step in and fulfil the potential this home clearly offers. Think of it as a blank canvas: comfortable now, with the freedom to evolve into something truly your own, or even the perfect wee holiday home by the sea.
Location
Open in Google MapsLiving 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→New Zealand at a glance
How New Zealand scores for American expats
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
Sharon Larkins - Nidd Realty Ltd (Licensed: REAA 2008) - Dunedin
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


