Cutlers Real Estate

With a history spanning more than 25 years in the real estate industry, Cutlers has a rich legacy. Originating as Dunedin First National in 1994. In 2007 our name changed to Cutlers Real Estate, a local family owned business which has continued with the core values of people and service foremost.

Our award winning team averages over 15 years experience so we can deal with most situations and give the best advice possible to give you the best results.

The Cutlers team can help you with all of your real estate needs including;

The sale of your property
Managing your rental investment
The sale and lease of your commercial property
The management and body corporate of your property.
What you can expect from our people:

Passion and knowledge of the local area.
A personalised advertising campaign specific to your property.
The ability to sell your property with confidence.
Trained and well-informed of the Real Estate industry and market.
Great communication skills.
Premium results.
No nonsense advice.
Supporting you from the beginning right through to settlement.
We want to work with you to get the best possible results and have a stress free and enjoyable partnership.

Real Estate Agents

Cutlers Real Estate
Cutlers Real Estate
709 Great King Street
North Dunedin
Dunedin 9016
Listing #:
L37792395
Listed:
14 days ago

$539,000

Rental returns & free land!

78 Buccleugh Street, North Dunedin, Dunedin
Residential House
bedroom
4 Bedrooms
bathroom
1 Bathroom
carparkgarage
1 Car Garage
floorarea
130m2 Floor Area
landarea
1,290m2 Land Area
About this property
CURRENTLY UNDER OFFER

This property has been priced to sell fast, and if development excites you, this will be right up your alley.

Located in North East Valley, only a short walk from the Gardens shopping centre, and the University campus, the property is prime for student rental returns year on year and is rented for $720 per for 2026.

The flat consists of 3 large bedrooms and 1 medium bedroom, an open plan living area & kitchen, bathroom + separate shower room. Equipped with two heat pumps, the property has been recently renovated with new paint and carpet throughout. The front verandah and patio area is great for soaking up the afternoon sun.

This 1,290m2 site has a 4-bedroom flat at front right of the section, with the back section raring for development. Zoning rules allow for 1 bedroom per 100m2 so up to 8-9 more bedrooms can be built (subject to DCC consent). The ability to earn rental income while developing is one of the many positives that this property has to offer.

At this price (6.9% return on the 2026 rent), very little value has been allocated to the rest of the section, so you're basically getting the land for free, and with a great margin on return, this will be popular!
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