133 Doon Street, Waverley, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$724,420
1,249,000 NZD
PROPERTY TYPE
house
BEDROOMS
6
BATHROOMS
3
Description
Set on a generous 1,512m2 parcel of land, this substantial family home enjoys sweeping harbour and city views and offers a rare combination of space, versatility, and future development potential. Spanning an impressive 306m2, the home was originally built in the 1960s and has since been significantly upgraded by the current owners. Entry is on the main living level, where you’ll find six well-proportioned bedrooms, two bathrooms, and a large open-plan living, dining, and kitchen area that flows out to a sun-drenched deck overlooking the harbour. Polished rimu timber floors feature throughout the hallways and living spaces, while the bedrooms are comfortably carpeted. Radiator heating provides consistent warmth through the winter months, and elevated views across Dunedin can be enjoyed from multiple vantage points throughout the home. Downstairs, a separately accessed bedroom with ensuite adds further flexibility, ideal for extended family, guests, or potential to turn into a home-and-income arrangement. The home is thoughtfully positioned on the site to maximise level access and practicality, with a single garage and off-street parking for at least four vehicles at the top of the property. The front of the section is carefully landscaped and includes a potential secondary access point, offering future development possibilities (subject to Council approval). Having only been sold once previously on the open market, opportunities of this scale, position, and versatility are seldom available. This is a property that must be seen to be fully appreciated. Get in touch today for further information or to arrange a private viewing.
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
Lawrence Schaumann - 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


