100A Melville Street, Dunedin Central, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$275,500
475,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
2
Description
Nestled amongst the trees and set back off the street, you will find this grand gem. With its high ceilings and wooden floors, this charming house has sweeping views down the harbour and over the city. Town is just a short stroll down the hill and public transport to the university is on your doorstep. Being comprised of two self contained flats, this property would be ideal for both investors wanting a reliable dual income property or those with home and income in mind, The downstairs flat is currently rented for $350 per week on a periodic lease to a long term tenant and comprises of a single bedroom, separate lounge and combined bathroom laundry. Upstairs is vacant and was rented last year for $410 per week. It
features 2 bedrooms, separate lounge and access onto the second storey balcony with those fantastic views. This double brick property has been fully re wired and provides a great low maintenance, hassle free investment opportunity. This inner city gem has proven to be popular amongst professionals and graduate students alike. Some photos have been digitally altered Engineer plans are available for floor leveling on ground floor bedroom and full LIM report available.
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
Grant McLean - Proven Realty Ltd (Licensed: REAA 2008) - Ray White, 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


