This property offers a rare opportunity to secure a prime large development site in suburban Dunedin.

It is not often that a pocket of land this size is offered to the market, and to the savvy developer it offers an opportunity for a significant residential development.

Bordered by existing suburbs, close to the Southern Motorway and only minutes from the center city. The land consists of a mixture of flat through to gentle slopes and some steeper areas.

The property is under two titles, 30 and 50 Stevenson Road, and has a total land area of 21.3366 hectares (more or less).

30 Stevenson Road is 4.7 hectares (more or less), zoned General Residential 1 under the 2GP plan and is ripe for development. Allowing minimum site sizes of 500m2 and 1 habitable room per 100m2 on these sites.

50 Stevenson Road is a total of 16.9 hectares (more or less), of which,1.9 hectares is zoned General Residential 1 and has a resource consent in place for 19 sections to be developed. The remaining balance of the title is currently zoned Rural Hill Slopes under the 2GP plan.

This is a significant opportunity to purchase development land within the city, given the mandate by authorities to increase land availability and the acute housing shortage in Dunedin, now is the perfect time to act.

Boundary lines shown in photos are indicative only and may not represent the exact boundary of the title.

A full Colliers Information Memorandum and additional property documentation is available on request.

Viewings are by private appointment only with our Broker.

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