Back to Dunedin, New Zealand

328 Gladstone Road North, Kinmont Park, Dunedin City, Otago

Dunedin, New Zealand

Guide Price

$492,420

849,000 NZD

PROPERTY TYPE

house

BEDROOMS

2

BATHROOMS

1

328 Gladstone Road North, Kinmont Park, Dunedin City, Otago - Photo 2
328 Gladstone Road North, Kinmont Park, Dunedin City, Otago - Photo 3
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Description

Set on approximately 4.9 hectares of established pine forest, this unique converted brick magazine home combines character, privacy, and incredible lifestyle potential. With exposed brickwork, timber beams, and practical modern upgrades including double glazing and excellent insulation levels, this home is ready for comfortable living while offering room to grow. Enjoy two spacious bedrooms, a fully equipped bathroom, an entertainer’s kitchen, and open-plan living spaces that flow effortlessly onto an expansive deck overlooking the serene grounds. Garden beds and a low-maintenance yard make outdoor life easy, while off-street parking and a four-bay shed add practicality. For the active lifestyle, a private track leads directly to the Chain Hills Tunnel cycle and walking trail, making it perfect for family adventures or weekend explorations. Mature pine trees, peaceful surroundings, and genuine privacy complete this one-of-a-kind setting. Looking ahead, the property offers exciting future potential. Subject to council consent, there is scope for subdivision, business ventures such as a coffee cart or microbrewery, or extending the current dwelling. With space, flexibility, and character, this property is a rare opportunity within easy reach of Mosgiel and Dunedin.

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

Rob Bevin - Otago Realty Group Ltd (Licensed: REAA 2008) - Bayleys

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