Back to Dunedin, New Zealand

1 Market Street, KAITANGATA, Clutha, Otago

Dunedin, New Zealand

Guide Price

$146,910

249,000 NZD

PROPERTY TYPE

house

BEDROOMS

4

BATHROOMS

1

Description

If youโ€™ve been searching for a project with genuine potential, this classic 1950s weatherboard home could be just the opportunity youโ€™ve been waiting for. Set on a corner site in the heart of Kaitangata, this two-storey home is bursting with character and waiting for someone with vision to bring it back to life. From the pink kitchen cabinetry to the original

features throughout, this is a home that tells a story โ€“ and is ready for its next chapter. With four bedrooms upstairs and living spaces below, thereโ€™s room here for families, renovators, or investors ready to roll up their sleeves. Yes, it needs work โ€“ but with work comes opportunity. Downstairs

features a separate lounge with a multi-fuel fire, a dining room with a heat pump, and an original kitchen complete with a stainless-steel bench and pink cabinetry. Thereโ€™s also the convenience of a second toilet and additional storage space. Upstairs, youโ€™ll find four bedrooms and a family bathroom ready for renovation. Outside, the property offers a manageable yard, some fencing, and a single garage. Positioned across the road from the local dairy and takeaway shop, and just a short stroll to the BMX track, skate park, river, daycare, and local pub, the

location is all

about convenience and community. Bring your tools, your ideas, and your vision โ€“ this is a property where hard work could truly pay off. Call Katrina and Keryn Garside 0274735645 or 0274184099 for more information and viewing times.

Location

Open in Google Maps

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 โ€” 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 Zealandโ†’

Key Fact

NZ has strict biosecurity laws โ€” 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 Abroadโ†’
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

๐Ÿ’ฐCost of Living
Expensive
๐Ÿ›ก๏ธSafety
Very safe
๐Ÿ—ฃ๏ธEnglish Spoken
Widely
๐ŸฅHealthcare
Excellent
๐ŸŒฌ๏ธAir Quality
Clean
๐Ÿ“ถInternet
Moderate
๐ŸšถWalkability
Moderate
๐Ÿš‡Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ยทNo stamp duty
  • ยทLegal/conveyancing: NZ$1,500-3,000
  • ยทBuilding inspection: NZ$500-800
  • ยทLIM 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.

Interested in this property?

Send us a message โ€” we'll review and reply within 1โ€“2 business days. You'll always see the original portal link too.

View original listing on realestate.co.nz

Legal help in New Zealand

Hire your own attorney โ€” 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 โ€” yours.

Contact Agent

The Garsides - One Agency - The Property Specialists (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 โ€” the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD