First Home Buyers & Developers – Great Opportunity

Set on a generous 555m² (more or less) corner site in sought-after Thorn Street, this property offers a rare opportunity for those with vision. Whether you’re looking to step onto the property ladder, invest, or explore the development potential of Residential 2 zoning, this property provides the perfect foundation. Inside, the home offers three well-proportioned bedrooms and a light-filled living space, where large windows draw in natural sunlight and views of the surrounding greenery. Perfect for first-home buyers, the living area creates a comfortable place to relax while the layout flows through to the kitchen and dining area, forming a practical hub for everyday living.

The kitchen and dining space opens out toward the backyard, offering easy indoor–outdoor flow and a functional area with scope for future enhancement. Outside, the corner positioning enhances accessibility and provides generous outdoor space, including off-street parking and a garage. The section offers plenty of room for landscaping, extensions, or future redevelopment, making it especially appealing for developers seeking to maximise the land’s potential. Located in ever-popular Caversham, this property is only minutes from the Dunedin CBD, local schools, shops, and the beautiful St Clair beach. With increasing interest in higher-density sites in this city-fringe location, opportunities like this are becoming harder to find. Whether you’re a developer, investor, or first-home buyer, this is a property where imagination and potential come together. Public Download Link: https://www.ganeshrout.co.nz/current-listings/62-thorn-street-caversham-dunedin

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Viewings

Viewings by appointment only

Asking Price

$349,000

Buyer Introduction Commission

Contact agent for referral fee.

Specifications

Land Area
555 m²

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