224 Larnach Road, Waverley, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$432,100
745,000 NZD
PROPERTY TYPE
house
BEDROOMS
4
BATHROOMS
2
Description
Welcome to a home where generations of memories have been made. Held by the same family since 1982, this much-loved 1973 classic sits proudly in one of the city's most sought-after neighbourhoods - and for good reason. Step inside and discover generous, sun-filled living with a large open-plan lounge and dining area, perfectly positioned to soak up the elevated outlook. The original kitchen offers plenty of space and potential to add your own modern touch, while the layout is ideal for growing families or those who love to entertain. With 4-5 genuine double bedrooms, there's room for everyone. Downstairs, the fifth bedroom offers flexibility as a rumpus room, craft room or home office. Two bathrooms cater easily to busy households - one upstairs with a bath and shower, plus another downstairs witha shower and toilet. There is also a separate laundry for everyday practicality. Start your mornings on the deck with a coffee in hand, taking in the outlook toward the iconic Forsyth Barr Stadium. Warm and comfortable year-round with a Yucca woodburner and electric central heating, this home also boasts excellent storage throughout. Car enthusiasts and DIY lovers will appreciate the massive double garaging with plenty of room for a workbench and extra storage. Set within a friendly, well-established community, you'll love having schools, shops and cafes within easy walking distance. Homes like this, in this location, don't come up often. Key
Features: Built 1973 4-5 double bedrooms Large open-plan living & dining Two bathrooms + separate laundry Deck with stadium views Yunca woodburner + electric central heating Excellent storage throughout Massive double garage with workshop space Land area: 527sqm more or less |
Floor area: 260sqm (+/-) After more than four decades of family life, the keys are ready to be passed on. A rare opportunity for you to claim this special home for you and your family in a premium location.
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
Madelon White - Proven Realty Ltd (Licensed: REAA 2008) - Ray White, 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


