760F George Street, North Dunedin, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$341,620
589,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Perfectly positioned at the rear of a seven-unit complex on Dunedin's sought-after "Golden Mile," this 90m2 (+/-) unit offers flexibility for a range of buyers - whether you're looking for a lock-and-leave city base or a long-term rental investment. The property has undergone recent kitchen renovations and is currently rented at $650 per week, plus the car park is rented out separately at $30 per week. A Healthy Homes Compliant income-generating asset from day one. Inside, you'll find three generous bedrooms, two with good sized built-in wardrobes. The modern well-equipped kitchen offers ample storage and flows seamlessly into a cosy living area. A combined bathroom and laundry, along with a large storeroom, are conveniently located on the main living level. An off-street car park further enhances the appeal, while the unbeatable
location puts you just a short walk from George Street's shops, cafes, and services - and only five minutes from the University of Otago. Opportunities in this tightly held
location are rare, act quickly to secure this prime investment or future city home.
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
Clayton Sievwright - Edinburgh Realty Ltd (Licensed: REAA 2008) - 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