8 Argyle street, Mornington, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$347,420
599,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
This home is such a great buy. Whether you are looking for a centrally located elevated home, or a proven, secure investment property. The
location is walking distance to Mornington School and village and the hill top position provides fantastic sun and a great backyard for kids and pets. Currently tenanted with long term tenants, it has a fixed agreement in place at $620 per week until November 2026. The tenants would love to stay on. The home has been significantly updated. It has been re-roofed, extensively re-wired, insulated in the ceiling and under floor, had the bathroom and kitchen updated, gas hot water installed, moisture master, two heat pumps and a wood burner installed. The home has a spacious lounge and dining space and three double bedrooms, plus the bonus of a fourth room at the rear of the house which would serve well as a hobbies, games room or home business. Step outside and you are greeted with a private sheltered deck area, leading onto a lovely flat back yard with mature plantings. Fully fenced this is the perfect place for kids and pets to enjoy the outdoors. Whilst it has undergone substantial upgrades, it hasn't lost the old world charm that early 1900's architecture is so renowned for. That classic villa frontage, the character
features like the arch in the central hall and the ornate plaster ceilings. Like we say, it's a great buy, why don't you come and see for yourself. Located in a friendly neighbourhood, 8 Argyle Street is just moments away from local parks and recreational areas, providing endless opportunities for outdoor activities.
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
Tania Stoddard - Highland Real Estate Group Ltd (Licensed: REAA 2008) - Harcourts, 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


