40 Mooltan Street, Halfway Bush, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$295,800
510,000 NZD
PROPERTY TYPE
house
BEDROOMS
2
BATHROOMS
1
Description
$510,000 OPEN HOME: Sun, 12 Apr 3:00pm - 3:30pm Set on a generous 755sqm section, 40 Mooltan Street presents a fantastic opportunity to secure a solid, well-maintained property in a great position. This classic 1950s brick home offers two bedrooms and a practical, easy-flow layout, ideal for first home buyers, downsizers, or investors. The open plan kitchen and dining area is filled with natural light and captures elevated views, making it a bright and inviting space to cook, dine, and enjoy everyday living. The separate lounge offers a cozy spot to relax with family or unwind after a long day. Downstairs, internal access leads to a basement and storage area with great future potential — whether you’re thinking extra living space, a workshop, or simply additional storage, the choice is yours. Step outside and you’ll love the outdoor entertaining area, surrounded by established gardens that provide both privacy and a peaceful setting for hosting family and friends. With a new roof already in place and the durability of low-maintenance brick construction, this is a home you can move into and enjoy from day one. With the current owners relocating, this property is ready for its next chapter. Get in touch today or come along to one of the open homes. Please be aware that this information has been sourced from third parties including Property-Guru, RPNZ, regional councils, and other sources and we have not been able to independently verify the accuracy of the same. Land and
Floor area measurements are approximate and boundary lines as indicative only.
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
Wayne Magee - Total Realty South Island
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


