Back to Dunedin, New Zealand

224 Larnach Road, Waverley, Dunedin City, Otago

Dunedin, New Zealand

Guide Price

$432,100

745,000 NZD

PROPERTY TYPE

house

BEDROOMS

4

BATHROOMS

2

224 Larnach Road, Waverley, Dunedin City, Otago - Photo 2
224 Larnach Road, Waverley, Dunedin City, Otago - Photo 3
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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 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 — 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

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.

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