32 Adderley Terrace, Ravensbourne, Dunedin

Harbourside Family Living or Investment Potential

Capturing beautiful harbour views from its elevated position, this classic 1920s weatherboard villa combines generous proportions, wonderful character and an incredibly convenient location close to the city.
The hard work has already been tackled outside, with a brand-new Colorsteel roof and the exterior recently repainted in a timeless light cream, complemented by soft duck-egg green/blue shingle accents. The result is a fresh yet sympathetic update that sits beautifully with the home's original character.
Inside, the generous floor plan provides plenty of flexibility for family living or investment. Four good-sized bedrooms are complemented by a dedicated office, two bathrooms and spacious open-plan living and dining. Double doors open from the living area onto the sunny front deck — a wonderful spot to relax, entertain and enjoy the harbour outlook.
The home is kept comfortable with a Woodsman wood burner and heat pump, supported by ceiling and underfloor insulation.
Having proven itself as a successful rental property for our vendors, there is immediate appeal for investors, while the scale and layout will equally suit families wanting space close to town. The interior is comfortable and functional as it stands, yet there remains plenty of opportunity to modernise over time and add further value.
Practicality is another real strength, with off-street parking for two to three vehicles and vehicle access from Junction Road. From Adderley Terrace, a garden path provides pedestrian access through to the front door and deck, a lovely approach to the home that takes full advantage of its elevated setting and outlook.
The nearby cycleway is another fabulous attraction, providing an easy connection towards the CBD, University and surrounding amenities.
Private, sunny and positioned to enjoy those beautiful harbour views, this is a property with a genuinely family-sized floor plan and plenty to offer, significant exterior improvements already completed, with exciting potential still waiting inside.