711A Portobello Road, Broad Bay, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$405,420
699,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Set on an impressive 2,571sqm in Broad Bay on Dunedin’s beautiful Otago Peninsula, 711A Portobello Road is your own private sanctuary: sunny, sheltered and wrapped in established natives and fruit trees, with birdsong as your daily soundtrack. If you’re craving space, privacy and a slower pace right by the bay, this is the kind of home that makes everyday life feel like a getaway. Built in the 2010s, this distinctive timber style home delivers warmth you can feel, with full double glazing, excellent insulation and solid pine cladding enhancing year-round comfort. Enjoy every moment in the beautiful kitchen and open plan living area, where a Nectre wood burner / oven anchors the heart of the home. Sliding doors open to a generous deck, flowing out to a large, sunny backyard that is sheltered and impressively private. Three bedrooms all include built-in wardrobes, alongside a spacious bathroom with shower, freestanding bath, vanity and a separate toilet, and separate laundry for everyday ease. Outside, the lifestyle really comes into its own, with a family friendly yard, greenhouse, garden sheds, ample off-street parking, and established planting creating a peaceful, productive setting. A separate 953sqm parcel adds an exciting layer of potential, presenting a possible subdivision opportunity for the astute buyer looking to unlock additional value (subject to council consent). Local
amenities and the bay are only a stone’s throw away. A warm modern home, with lovely grounds and that unmistakable Broad Bay pace of life, this one is all
about living well. Come and experience this Peninsula paradise for yourself.
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
Nick Berryman - 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.
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


