150 Chapman Street, Wakari, Dunedin

Position, potential, possibilities

Positioned in one of Dunedin's most desirable locations, this Chapman Street property presents an exciting opportunity for first home buyers, investors, or those with a vision to unlock its full potential.

Currently configured as a two-bedroom home, it offers a fabulous north-facing lounge where expansive picture windows frame views towards Mt Cargill while filling the home with natural light and all-day sunshine. The functional floor plan provides an excellent starting point, with separate bathroom and toilet facilities and plenty of opportunity for a clever reimagining to suit modern living.

Set on a generous, elevated section, the property enjoys an enviable sunny aspect and offers exciting scope to enhance both the home and the land. While the section is sloping, there is genuine potential to develop it further by creating garaging and establishing flat outdoor spaces that would greatly improve usability and add significant value (subject to relevant consents).

The location is equally impressive. Surrounded by homes that are already being renovated and modernised, this is a neighbourhood where investment continues to be rewarded.

Situated close to Balmacewen Road, you'll enjoy easy access to excellent schools, regular public transport, the prestigious Otago Golf Club, local amenities, and the CBD.

Whether you're searching for an affordable first home with room to grow, a rewarding renovation project, or a smart investment in a tightly held location, this property represents an opportunity not to be missed. Bring your imagination and reap the rewards of securing a home in an area where location truly is everything.