142 Ravenswood Road, Saint Clair, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$783,000
1,350,000 NZD
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
5
Description
Discover the exceptional opportunity at 142 Ravenswood Road, a property that blends architectural ingenuity with panoramic views over St Clair Beach, creating a truly unique investment prospect. Set across three independent apartments, this property is a rare find for investors seeking flexibility and strong income potential. Each apartment offers its own private sanctuary, complete with spacious bedrooms featuring ensuites, ensuring comfort and privacy for occupants. A larger guest bathroom on the middle floor further enhances convenience. Two of the apartments are generously proportioned, ideal for long-term tenants or premium short-term rentals, while the third apartment serves as a private retreat -perfect for extended family living or generating additional income through Airbnb or executive leasing. Spanning an impressive 3,300 square meters of land, the property presents scope for further development or landscaping, whether it's creating a lush garden oasis or adding more garaging or workshop space. The substantial garage with an automatic door offers convenience and security, with the potential to create internal access. This versatile investment holds significant appeal for those looking to maximize returns through multi-stream income while securing a distinctive asset in a highly desirable location. Explore the limitless potential of 142 Ravenswood Road - an investment opportunity that is truly one of a kind.
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
Abby Timms - 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


