51/61 North Road, North East Valley, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$243,600
420,000 NZD
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
Description
This sun-soaked one-bedroom property in the ever-popular Sabina Apartments on North Road must be sold, with motivated vendors ready to meet the market. Positioned toward the end of the complex and one of the last apartments built, it enjoys enhanced privacy, a peaceful leafy outlook, and excellent all-day sun qualities that are increasingly hard to secure in this sought-after location. The generous open-plan living, kitchen, and dining area flows seamlessly onto a private, well-positioned balcony perfect for relaxing or entertaining. Freshly laid carpet adds a crisp, modern feel, making the apartment completely move-in ready. An assigned off-street carpark further enhances everyday convenience. There is also the option to purchase the apartment fully furnished, offering a true turnkey opportunity for investors or buyers wanting immediate ease. Located just a short walk to Gardens New World, local cafes, Otago University, and the Botanic Gardens, with a regular bus route nearby, this property is ideally suited to professionals, couples, or investors seeking a low-maintenance home in a high-demand area. With clear instructions to sell, opportunities like this are limited act quickly to secure your interest. Please park on North Road and walk up the driveway to access the Sabina Apartments.
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
Cherish Thom - Wayne Graham Realty Ltd (Licensed: REAA 2008) - LJ Hooker, 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


