exclusive august 2011

1 - 28 AUGUSTOtago Art SocietyDunedin Railway Station

First prize $3,000

Second prize $2,000

Third prize $1,000

Merit prize (2) $500 each

Peoples Choice $500

Edinburgh Award $500

Licensed under the Real Estate Agents Act 2008

There is now no

doubt that the

housing market is

moving out of its

cyclical low to a

period of growth.

1

| CONTENTS

Welcome to the August edition of ‘exclusive’

PAGE 2: EMERSON’S BREWERY PAGE 7: AUGUST EVENTS PAGE 9: CUISINE

Edinburgh Realty Limited Licensed under the Real Estate Agents Act 2008

Dunedin 578 George Street, PO Box 5772, Dunedin 9058. Phone (03) 474 0444 Fax (03) 477 3208 Email [email protected]

Mosgiel 123B Gordon Road, PO Box 69, Mosgiel 9053. Phone (03) 489 5444 Fax (03) 489 2022 Email [email protected]

Wanaka Spencer House, Dunmore Street, Wanaka 9305. Phone (03) 443 0084 Fax (03) 443 0438 Email [email protected] www.edinburghrealty.co.nz

What’s Inside:The Business of Beer 2

Residential Investment Basics 4

Octagon Rail Jam 6

Dunedin Events: August 7

Coffee Tip 8

Cuisine 9

Dunedin 10

New Additions 28

Our Services 29

Lifestyle and Rural 30

Investments 32

Property Management 36

University Investments 37

Commercial 47

Mosgiel 48

East Otago 53

Wanaka 56

Our Team 58

a property is falling too, reflecting this

shortage of listings.

The Edinburgh Realty team, one of the

largest in Otago, is constantly talking to

buyers for all sectors of the market. We

are locally owned and operated and

have offices in Dunedin, Mosgiel and

Wanaka, and specialist divisions covering

residential, investor and rural and lifestyle

properties. Our focus is solely on Otago -

we understand what is important to sellers

and buyers in this part of New Zealand.

So if you are considering selling your

home, then give us a call. We’ll get you

a great result.

Regards,

Steve Silvey

General Manager

Edinburgh Realty Limited

‘exclusive’ magazine designed by Sam Moodie - Edinburgh Realty Limited

Buyers are increasingly active, particularly first time buyers, who are realising that there has never been a better time to get into the market - interest rates are low, prices aren’t going to fall, and finance is easier to come by.

In fact, the main factor holding buyers back is simply a lack of good quality houses for sale. Well presented homes, priced sensibly, are being snapped up. We are seeing ample evidence of this – good listings go fast. In recent weeks we’ve seen several properties go for more than the asking price as multiple offers come in. The average time taken to sell

2

The business of beerFor seventeen years, Richard Emerson has been transforming a passion for beer - from a home brewing kit in a friend’s garage, to a multi award-winning New Zealand success story.

Richard Emerson started his love affair with

beer here in Dunedin, experimenting with a

small home brew kit in his mother’s kitchen

before setting up a pilot plant in a friend’s

Ravensbourne garage. In 1983, at the age of

18, Mr Emerson travelled through Europe for a

year with his parents, sampling and savouring

all of the fine ales on offer. Upon his return

to Dunedin, Mr Emerson attended Otago

Polytechnic, training as a lab technician,

start-up capital was financed, but the brewery

was still a long way off Mr Emerson’s dream.

A collection of modified dairy equipment and

purpose-built items formed the first plant. Four

months later, in January 1993, the first product

arrived on shelves – a dark, creamy London

Porter.

During the development and growth of the

brewery, Mr Emerson only took necessary profit,

pouring the rest back into the business with the

focus on buying more tanks, pumps, general

improvements. Payment for any helping hands

was a crate of beer, which would end up being

shared with friends and family. Word of mouth

is a beautiful thing, and so Emerson’s began

their climb to fame.

More beers were to follow, including the Old

Ale (later known as Old 95) in December 1993

and Best Bitter (later replaced by Bookbinder)

in April 1994. Nevertheless, it was a period

while also working at the Gregg’s malt extract

company, which gave him prime opportunity

to access the plant’s equipment and study

materials and to work on his home brew.

In 1989, Mr Emerson travelled to Australia to

work at the Matilda Bay brewery in Perth, then

on to Europe for a two month trip. Travelling

alone, he sampled his way around the

continent, taking notes as he went.

Once Mr Emerson had again returned to

Dunedin, he was encouraged by his parents

to establish the Emerson’s brewery. After nearly

two years of set-up, The Emerson Brewing

Company Ltd was established in October

1992, in a converted building at 4 Grange

Street, in North Dunedin. With the help of

family and friends, the company’s $90,000

| THE BUSINESS OF BEER

3

Image copyright: clivecopemanphotography.com

of three or four years of hard work for limited

reward for Mr Emerson.

Mr Emerson began to source ingredients from

all over New Zealand and Europe. A significant

milestone came in 1997 when his beers won

three gold medals and a silver at the New

Zealand Brewersfest competition, as judged by

beer authority Michael Jackson. The Emerson’s

wheat beer Helles Weissbier was also named

the overall winner after gold medal-winners

were compared.

By 2000, the company had outgrown its site, so

moved across the street into a larger building

at 9 Grange Street. In 2005, as annual

production reached 200,000 litres a year the

brewery had again outgrown its base, so the

brewery shifted to its current site on Wickliffe

Street. The company has continued to thrive

since, with a stable of 12 regular and seasonal

beers sold to more than 500 outlets, and

annual production more than doubling last

year. Distribution had also achieved nationwide

status, after sales commenced in Auckland in

2010, but the Dunedin market of restaurants,

bars and other buyers still accounted for 35%

of sales.

The Emerson’s beers have won quite a

collection of awards to date, including gold

medals and the title of New Zealand Champion

Brewery at the BrewNZ Beer Awards in 2009.

In 2010, Mr Emerson won the trophy for

the champion wheat beer at the prestigious

Australian International Beer Awards with his

seasonal brew, Weizenbock. And last year, the

Emerson Brewing Company won the Otago

Westpac Supreme Business Excellence Award.

Mr Emerson maintains modesty for their

success, attributing the number of awards

received to the company’s committed staff,

high standards, quality and consistency.

While the industry is constantly changing and

evolving, with the number of craft breweries in

New Zealand more than doubling from 20 to

50, Mr Emerson is always looking for new ways

to reach new goals and apply fresh ideas on

the company’s journey to success.

Mr Emerson has a true passion, creativity and

commitment to his craft, and with his dedicated

staff of 12 he continues to drive the company’s

great achievements. Richard Emerson’s is a

classic story of a boy who made the hobby he

loved into a lifelong career that will confirm his

place in New Zealand beer history in years to

come.

So, you’ve got a nest egg tucked away and

plans to achieve that long-term financial goal.

But how do you get your investment dollar to

work with you to ensure you achieve this goal? Shares, fixed interest investments, cash deposits, commodities, international opportunities and property – there is a raft of investment options presenting a range of risks and returns to you. The one thing we know for sure is that property is now and has always been a solid and dependable long-term investment. And, provided you are armed with the right information and able to invest wisely within the property market, now is always the best time to start your property portfolio.

The success or failure of your investment property portfolio depends largely on the choices you make at the outset. So, to start you on your way, we suggest you subject each prospective residential property to the following investment questionnaire:

Is the property legally tenantable?

•Does it comply with building and health and safety requirements and, if not, how much of an outlay in terms of money and time is going to be required to get the property to a compliant state? Does the property include an oven, or a sufficient means of boiling and baking, a basic requirement of rental properties?

Location, location, location?

•Is the property situated in a popular or challenging area? Are the neighbours likely to attract or detract prospective tenants? What impact will the neighbours, the proximity to services and various other location issues have on your achievable rent? Who is the property best suited to in

Residential property investment basics

terms of number of bedrooms, section size, parking and other features – do these types of tenants want to live in this location?•For University properties in Dunedin, is the property prime

campus or fringe? Your estimation of future room rates must take location into account – a purpose-built Leith Street property with all mod cons and services may fetch $135 per room, but your Pine Hill villa may not. If in doubt – ask the experts here at Edinburgh Realty.

Is the property tenant-wear-and-tear proof?

•Although this may sound like a silly question, attention to some basic tenant-proofing at the get-go may save you a great deal of time and money down the track. Simple initiatives like chaining and padlocking the BBQ table located outside your central-Campus University flat will save you replacing it on a regular basis. White carpet in your student flat, or a lack of ventilation in bathrooms to be used by three or more people – factors such as these need your attention at the outset, to protect your peace of mind and investment dollar. Consideration of your likely occupants, their lifestyle and requirements and the standard to which you wish to maintain your property will assist in your basic tenant-proofing task.

Can you cover the cost of ownership?

•Will the likely weekly rent and any tax advantages cover the cost of ownership? If you are unsure, obtain a rental appraisal from our Property Management team to ensure your calculations are sound. If income versus expenditure leaves a shortfall, are you in a position to cover this? Have you investigated ownership options in terms of tax advantages/disadvantages? Is your initial set-up (and the associated costs) the best form of ownership? Our expertise here can certainly assist!

4

Nothing can possibly go wrong, right?

•In the event urgent repairs are needed, something goes wrong with your tenants or you experience a lengthy vacancy period, do you have insurance measures in place to assist?

Do you need a Property Manager?

•Are you geared-up for those late-night phone calls, tenant gripes, legal questions? Are you sufficiently-equipped to market your rental to the market as each tenancy draws to a close? Are you confident of your pricing decisions? Do you thrive on multi-tasking and squeezing 27 hours out of each day? The simple fact of the matter is that rental property ownership comes with a list of responsibilities and duties and, if you are not prepared to invest your time in the ongoing care of the property and its tenants, then you really should be looking for a Property Manager to remove this aggravation from your life. Recent changes to the governing legislation, the Residential Tenancies Act 1986, mean that landlords who are out of the country for more than 21 consecutive days must appoint an agent to care for their rental premises. Our experienced Property Management team can take the hassle out of your investment property ownership – talk to us today.

Capital gains will see me right, right?

•As a general rule, long-term investment in property will certainly see growth in value. University investments are a prime example of this – provided properties are maintained well, situated in prime locations and well-chatteled, owners will enjoy increases in achievable room rates with each academic year. With increased returns come increased capital values and, whilst other economic factors certainly do need to be taken into account, in the long-term owners are able to cash-out a levels that

exceed the investment over the term of their ownership. Capital gains should not be relied upon, however. If you are likely to cash-out within a short-term, or at a low-point in the market, the advantages of investment property ownership may not be realised.

Selection of an investment property requires decisions made with the head, not the heart. If you are likely to become attached to the floral drapes in the front room and expect stringent tenant behaviour, rental property ownership is possibly not going to be good for the blood pressure! If, however your end-goal is a sound financial position, a retirement fund that involves sandy beaches, deck chairs and pinacoladas, then property is an option well worthy of your consideration – but talk to us first!

At Edinburgh Realty, we boast a sound knowledge of suburban and University investments and will provide you with all of the information you need to buy-right and start, or grow, your property portfolio. Call us today and start planning for the achievement of that financial goal!

| HOW TO: RESIDENTIAL INVESTMENT PROPERTIES

5

6

| OCTAGON RAIL JAM

Moving the mountain to the massesOn the 20th of August, Dunedin’s vibrant

city centre will play host to a downtown

‘rail jam’ ski and snowboard competition

of unprecedented proportions...

The Octagon Rail Jam (ORJ) takes theexciting world of freestyle ski and board out of the mountains and into the city. The ORJ is an elite battle of skill on a 11m tall tower, built right in the middle of the Dunedin Octagon and loaded with 30 tonnes of snow. And the best part – it’s free to the public! The ORJ is two elite competitions rolled into one, with a massive $20,000 prize pool up for grabs. The R&R Sport Jam Session is open entry, turning up the fun for the shredders just in it for a good time. The Grabaseat Invitational is strictly invite or ‘wild-card’ entry only and willhost some of the biggest names in oursports. Both rounds are guaranteednon-stop action, and with SunshineSound System and DJ Fracture ft. MCBeau live on stage, live entertainmentaround the Octagon, and an epicafter-party to round the night off. This is going to be one incredible weekend!

Check out www.octagonrailjam.co.nz

7

| DUNEDIN EVENTS: AUGUST

The 2011 International Film Festival4 - 21 August

The annual New Zealand International Film Festival continues to be the premier film event of the year, and the cultural highlight of the New Zealand winter. The event brings an impressive array of the latest and best films from all over the world to 15 cities and towns around New Zealand.

In 2011 the Festival is chuffed to be providing the occasion for Dunedin’s first encounter with the massive improvements at the wonderful Regent theatre. In fitting style, the Festival is presenting a large haul of Cannes award winning films in the Dunedin programme.

The Edinburgh Realty Premier Art Awards 20111 - 28 August

For the fifth year running, Edinburgh Realty is once again very proud to present The Edinburgh Realty Premier Art Awards 2011.

Boasting an impressive array of artworks from some of the most talented artists in the country, the exhibition takes place in the Otago Art Society space at the Dunedin Railway Station, and runs for the month of August.

All artworks on display are available for purchase, so be quick to view - these stunning pieces won’t hang around for long!

100% Pure NZ Winter Games13 - 28 August

With an action-packed programme of 25 events, Winter Games NZ 2011 will feature alpine skiing, free skiing, cross-country skiing, snowboarding, curling, figure skating, speed skating, ice hockey, winter triathlon and adaptive snow sports. The programme has been designed to give athletes valuable competition experience in an elite environment. For many, Winter Games NZ 2011 is a vital part of their preparation for the northern hemisphere FIS World Cup circuit and the 2014 Winter Olympics in Sochi, Russia. Spectators will have free access to many of the events, including the opening and closing ceremonies.

1 - 28 AUGUSTOtago Art SocietyDunedin Railway Station

First prize $3,000

Second prize $2,000

Third prize $1,000

Merit prize (2) $500 each

Peoples Choice $500

Edinburgh Award $500

Licensed under the Real Estate Agents Act 2008

Photo: Winter games Photo: Getty Images Photo: Getty Images

| COFFEE

8

Pouring theperfect espresso - Part 2Article number 5 already! This is a great

one for all keen espresso coffee fans so

make sure that you are up to the play

with previous articles as well. Edinburgh

Realty’s front desk can help you if you

are looking for back copies.

In case you missed it from last month, I will say it again: The perfect espresso is a beautiful thing. Rich mahogany and caramel colours marble the surface. The cream is thick and high and liquid is rich

and dark. The taste is smooth and sweet with intense flavours and a quick caffeine hit. It is also the base for almost all the espresso based drinks so without the ability to ‘pull a good shot’ you cannot serve high quality drinks.

So it’s time for Espresso 201.

Last month we covered the basics of dosing the portafilter or handle correctly with coffee and how much water should be espressed or extracted through the coffee packed in there. There is plenty of room for practise here folks so keep going and aim for consistency. There is one more thing that the recipe that we talked about last month needs. We covered the

ingredients and the heat so what does that leave? That’s right, TIME.

Time – A good espresso is full of complex fats, oils and sugars and it is important to get as much of these into the cup as is possible. In an espresso the water also acts as the cooking agent or the heat and it is very important to get the time it takes for the shot to pour correct. This gives a good balance between melting all the good flavours out and not overcooking the flavours to ruin the taste. Ideally we are looking for 30 – 35 seconds in which

to ‘cook’ our product as this gives us the balance that we are looking for.

If you cook something for 30 minutes and are out by a couple of minutes then it’s not normally too far off. If we want to cook something for 30 seconds then a similar ratio gives us 2 seconds either way, or a 5 second window. So now the big question is: How do we adjust the time it takes to pour a given amount of liquid through the coffee packed into the handle?

So to refresh; we have a 16 gram double basket in our home espresso machine. That means that there is 45-50 ml available to us for a full double shot. What we now want is for that 50 ml to pour in

30 - 35 seconds. The best way to adjust this is the grinder. All grinders have an adjustment collar that changes how fine the coffee is ground. The biggest skill to pouring good coffee once you know the basics is to master the adjustment of the grinder. The more consistent that you are with your dosing, the easier it is to use the adjustment on the grinder. We recommend that you use a clock with a second hand to keep a close eye on the time it takes because once you get this part of the espresso right you will be amazed at how

good that it will taste.

So that’s it folks, start playing with those grinders! As a quick tip, almost all coffee is poured way too fast, probably in less than 10 seconds. It’s also common to be stingy on the amount of coffee dosed into the handle. These are both ways to make the espresso coffee taste much worse. With a bit of practise you will be giving your favourite café a run for its money.

We will be happy to answer any questions and discuss feedback so please feel free to comment.

Happy brewing from the

team at Strictly Coffee

| CUISINE

9

Michael Coughlin’s Baked Lemon & White Chocolate Cheesecake

Ingredients

375g cream cheese

185g sour cream

75g castor sugar

3 eggs

3Tbs cornflour

Zest of 3x lemons

15mls lemon juice

375g melted white chocolate

Base

200g biscuit crumbs

50g melted butter

Makes 12 portions

Whisk the cream cheese and sour cream until soft and smooth, scrape down with a rubber spatula and whisk again.

Add the castor sugar and then the beaten egg and continue to mix.

Whisk in the cornflour, lemon juice and zest and mix until completely smooth.

Place into biscuit base pre-lined tins or moulds and bake in a pre-heated 150°C oven for approximately 30 minutes or until just set. Turn off the oven and leave in the oven until completely cool.

Allow to set in the refrigerator before serving.

NOTE: Cheesecake should set and cook with no colour.

“Serve with your desired poached fruit such as plums, rhubarb, nectarines or peaches.”

Considered one of New Zealand's most

formidable chefs, Michael Coughlin has over

30 years experience in the kitchen. Starting his

career in the New Zealand Army at sixteen,

Michael quickly gained a passion for the

culinary arts and has worked across Otago

winning great acclaim for his iconic Dunedin

Restaurant - Bell Pepper Blues. Within his

career Michael has always strived to remain

true to his own style of cooking and aims to

promote local produce when sculpting each

dish. Unlike many other Celebrity Chefs, most

of the time you will still find Michael firmly in

his favourite place - the kitchen at Pier 24,

between his regular cooking demonstrations,

radio and television appearances.

10

$549,000Web iD# DO5909

Shane Robinson021 953 676 Julie Robinson021 453 676 Bradley Lee021 941 106

5 2 2

FAIRFIELD 27 Old Brighton Road

Options are plentiful – work from home, accommodation for extended family or subdivide. After driving through the electric

gates, you will be captivated by the overall setting and size of the home in a sought-after location. The kitchen leads to an

adjoining dining area, from which you gain access to a private deck & entertaining area. The living room is heated by a

pellet fire and opens out to another deck area. The living room flows to the lounge which provides an ideal “adult zone”. 5

bedroom accommodation includes a downstairs master suite with an excellent wardrobe, ensuite & adjoining conservatory.

One of the bedrooms upstairs has a large adjacent playroom. A separate unit incorporates a single garage, games room

with sliding doors to outside & a large loft area upstairs. There is a 2nd separate unit with a Moisturemaster system. The

section is perfect for children with a tree-hut & lots of grass. Surveyor’s plans available for a possible subdivision.

A secluded oasis awaits

11

| DUNEDIN

$269,000Web iD# DO5877

Shane Robinson021 953 676 Julie Robinson021 453 676 Bradley Lee021 941 106

3 1 2+

PORT CHALMERS 21 Constitution Street

You will be spellbound when you sit on the verandah and look down towards the Heads and over the Port. This home

has wonderful charm with its woodpaneled entranceway, feature fireplaces and décor that fits the era of the property. The

kitchen flows into the dining room which is heated by a heat-pump and sun streams into the lounge which has a gorgeous

bay window where you can sit and look out to the delightful garden and watch the ships come down the harbour. The

three bedrooms are all of generous proportions and the master room has doors opening out to the verandah. The section

is 1414m2 (subdivision potential) and there are trees for the kids to climb and room to have chickens. There is a double

garage and workshop and additional off-street parking for at least 6 cars. This fantastic character villa has only had 3

owners and has not been on the market for 30 years so you now have a rare opportunity to make it yours.

A home with real charm

12

ANDERSONS BAY 62 Bayfield Road

Situated in ever-popular Andersons Bay and close to quality amenities and the City is this superb home. Receiving every

ray of sun, the home is built on two levels and would suit families with teenage children wanting some space or is ideal for

working from home with separate access to the downstairs area. Upstairs you will find the modern kitchen with large open

plan living which is heated by a wood-burner and you have the bonus of a Moisturemaster system. Also upstairs are 3

double bedrooms and the bathroom with separate toilet. On the lower level are 2 double bedrooms (one with an adjoining

room), a bathroom and an abundance of storage - options are endless for even the largest of families. The large deck is

a wonderful place to sit and relax, or entertain and you can appreciate the tranquility of the section from the sound of the

bellbirds. Plenty of off street parking is available for cars, trailers etc.

Attention all large families

5 2 OSP

$339,000Web iD# DO5879

Shane Robinson021 953 676Julie Robinson021 453 676Bradley Lee021 941 106

ST KILDA 148 Bay View Road

If you are looking for convenience and modern day living, this newly built townhouse is one property you cannot miss!

Situated well back from the street, this private home sits on a large 296sqm, fully fenced section. This home features 3

bedrooms; 2 of which are doubles with large wardrobes & plenty of storage. The 3rd bedroom is a single, at the opposite

end of the house for that extra bit of privacy. The master includes a gorgeous large ensuite with a bath and separate

shower. Finished to the highest of standards featuring quality fittings, a generous kitchen area boasting quality chattels with

a wall oven for ease of access and a separate stylish hob. The open plan lounge & living areas are well positioned for sun

and easily heated with a large heat pump. Perfect flow to the private patio area. Single car garage with internal access

& automatic garage door. This fantastic property is fully insulated and also includes solar hot water. Call to view today!

Immaculate townhouse

3 2 1

$369,000Web iD# DO5269


13

| DUNEDIN

One of Dunedin’s most admired homes

MAORI HILL 15 Grendon Street

Arguably one of Dunedin’s finest and most admired homes, this residence is now offered to discerning buyers. Impressive

and imposing, this two level home embodies grandness with timeless grace and modern luxury. Natural light streams into

the formal lounge and the room enjoys the last of the day’s sun, as does the formal dining area. The kitchen is unsurpassed

and from the adjoining living/dining area you gain access to a private patio. Indoor/outdoor living is made easy from the

family room and outside entertaining is further enhanced by the outside fire and seating area. 4 bedroom accommodation

upstairs includes a master suite with excellent wardrobe facilities and a stunning ensuite, while the main bathroom features

a claw foot bath. Downstairs features an ideal 5th guest bedroom with its own external access, ensuite & steam room. This

exemplary family home also offers a double garage with internal access and off-street parking is plentiful.

5 3 2+

$2 million Web iD# DO5836

Matt Shepherd0274 446 369

KENMURE 311A Kenmure Road

Located down a private driveway is this substantial home on a manageable section. The new kitchen has been designed

for chefs and the open plan living area receives every ray of sun. Also on this upper level are three double bedrooms, an

office and the main bathroom. On the lower level are two double bedrooms, bathroom, office and a large double garage

with internal access. Unique opportunity to either work from home or have overseas students.

5 2 2+

Make an offer

$359,000Web iD# DO5722


VAUXHALL 1A Glengyle Street

Free up your weekends and come home to this modern family home featuring privacy and picture book harbour views

nestled on an easily maintained bush clad section and so close to town. Four bedrooms – two up, two down with light and

airy living on the middle level. Master with ensuite plus further family bathroom. Good onsite parking plus single garage.

Superbly presented and in a world of its own. Viewing will impress.

Harbour views & privacy

$439,000Web iD# DO5816

Barclay Sievwright021 351 781Clayton Sievwright021 191 5555

4 2 1+

HALFWAY BUSH 460 Taieri Road

This delightful brick family home is a real winner. Superbly positioned, this welcoming family home ticks all the boxes. Three

bedrooms plus sleepout. Bathroom with Shower, bath and separate toilet. Superb modern kitchen, open plan living with

excellent flow to spacious sunny deck, perfect for relaxing and entertaining. Enjoy the comfort of a sunny warm home with

wood burner, heat pump and DVS system for those cold winter days. Basement garaging and OSP. You will also enjoy the

convenience of living within an easy commute to the city centre. If you are looking for low maintenance living with a child

friendly section, viewing will impress.

Immaculately presented

$279,000Web iD# DO5927

Clayton Sievwright021 191 5555Lane Sievwright021 526 366

4 1 1

14

ABBOTSFORD 1A John Street

All day sun & spacious living2 1 2+

$279,500Web iD# DO5878


This stylish 2 bedroom home sits perfectly for all-

day sun and is close to the Green Island precinct.

Immaculately presented it offers a well-appointed

kitchen/dining area that flows to a spacious lounge

with doors opening out to the deck. 2 heat-pumps

& a Moisturemaster system. Double garage with

internal access plus plenty of off street parking.

Convenient, comfortable living with the opportunity

to develop into a four bedroom home.

KAIKORAI 50 Nairn Street

This tidy brick home is ideal for first home buyers.

Three bedrooms, open plan kitchen dining,

separate lounge heated by wood burner and large

basement storage area. Situated on a 763m2

section located down a drive to maximize privacy,

close to schools and Roslyn shopping village. Be

quick to snap up this great home.

$199,000Web iD# DO5833


3 1 2xOSP

Harbour views & privacy

CORSTORPHINE 66 Corstorphine Road

This five bedroom, two bathroom home has to

be sold and represents outstanding value. In a

wonderful position capturing brilliant sun, it offers

open plan living, a sunny deck and section. Good

off street parking is available and the location is so

handy being close to numerous schools, shops and

the like.

5 2 1

5 bedrooms family home

$279,000Web iD# DO5778


BELLEKNOWES 2 Lonsdale Terrace

This inner city family home, whilst only minutes’

walk to the exchange, is elevated on the crest

of the hill receiving all day sun & views towards

the harbour. A well maintained family home for

more than 30 years, it offers plenty of space for

a large family or an ideal investment. Currently

4 bedrooms, could be 5 + large separate living

area. Sunny & private outdoors, plus double

garaging & a mature garden complete this picture.

$219,000Web iD# DO5922

Lane Sievwright021 526 366Clayton Sievwright021 191 5555

4 1 2

Location, size, affordable!

15

| DUNEDIN

16

OPOHO 78 Signal Hill Road

Beautifully situated for sun is this delightful 2

bedroom home. The bedrooms are generous in

size and there is a separate lounge/optional third

bedroom. The kitchen/dining/living area has

potential to increase in size and open out to the

peaceful section. Underneath the home is a large

area which also has the possibility of revamping.

The separate garage is double in length plus good

off-street parking. This property awaits a new owner!

2 1 2

Exclusive Opoho

$249,000Web iD# DO5834


CONCORD 2C Thoreau Street

Construction is going well on this quality three

bedroom “Jennian Home”, which will be covered

by a Jennian warranty. Featuring sunny north-

facing living areas and clever design creates

private outdoor living spaces. Be quick and secure

this fine property for your family.

3 1 2

Quality new home

$379,000Web iD# DO5720


ST CLAIR 34 Forbury Road

Elevated for sun and views in a very popular

location, this home offers 4 bedrooms upstairs and

a 5th bedroom downstairs with its own bathroom.

The kitchen/dining area has been beautifully

remodelled and flows onto the living room which

opens out to the rear patio. Separate formal

lounge. Single garage.

5 2 1

Seriously for sale

$469,000Web iD# DO5721


WAVERLEY 55 Belford Street

This superb home is set in a fabulous family location and bathed in all-day sun. Neutral decor throughout, a modern kitchen with ocean views and spacious open plan living. Sliding doors lead to a gorgeous deck & landscaped rear section. 3 bedrooms, good bathroom & laundry facilities and a heat-pump. Single garage and OSP. Amenities, good schools and city centre are all close by.

3 1 1

Modern, sunny and views

$359,000Web iD# DO5854


17

| DUNEDIN

DALMORE 22 Orbell Street

Recently professionally painted on the outside,

this substantial home is awaiting the new owner

to renovate and decorate on the inside. The home

currently offers 4 bedrooms, kitchen/dining area,

living room & utility room. The possibilities with the

spaces are endless. Character features throughout

include ornate fireplaces, leadlight windows and

rich solid timber. Delightful courtyard area with flat

rear section and there is a single garage.

4 1 1

Potential plus

By negotiationWeb iD# DO5841


LIBERTON 14 Hislop Street

2 1 OSP

Opportunity awaitsFirst home buyers must view this cute and tidy

two bedroom home comprising open plan living/

dining area with updated kitchen and separate

bathroom and toilet. There is a good sized laundry

with easy outdoor access. The home is sited on a

generous 630m2 section and captures all day sun.

Don’t miss this opportunity, call today!

Neg over $189,000Web iD# DO5330


18

ST CLAIR 19B Highgrove

Situated in the exclusive Highgrove Estate

subdivision is this beautiful 1666m2 section.

The property offers stunning views over St

Clair, the city and harbour and is in close

proximity to historic Cargills Castle. Plans

by award winning designer, Gary Todd, are

available for a magnificent 4 bedroom, 2

bathroom home.

Excellent building site with plans

$215,000Web iD# DO5765


CORSTORPHINE 17B Milburn Street

Located in prestigious Milburn Street is this

North facing 977m² section. The location

is very private and bathed in sun. A rare

opportunity to build your dream home.

Unbelievable harbour view and sunshine



OWAKA 26-28 Waikawa Road

Retail premise property situated on the main road

of the southern scenic route of Owaka, ideal for

those looking to run their own business or to rent

to a local artist/craftsman for extra income. The

shop has its own flat attached with a kitchenette

& living area. Behind the shop is a separate brick

house built in the 1970’s consisting of 4 double

bedrooms, warm and sunny living area with a

single garage plus off street parking.

4 1 1

Motivated vendor

$189,000Web iD# DO5697


DUNEDIN SOUTH 38D Wesley Street

2 1

Handy locationThis is an excellent example of a 90’s style

townhouse. The home features two good size

bedrooms, an open plan kitchen and living that

flows onto a private courtyard. The living area is

heated with a large heat pump. This is the back

unit of three so is nice and private. Close to shops,

schools and other amenities this is a good home for

someone looking to down size.

$169,000Web iD# DO5729


19

| DUNEDIN

MORNINGTON 25A Bridger Street

First time on the market is this perfect family home

comprising of four generous sized bedrooms,

with the master bedroom having its very own

ensuite. There is a great sized formal lounge, the

open plan kitchen has been recently renovated

and is ideal for entertaining guests, the dining

room offers good indoor outdoor flow and has a

good sized section for children. The garage and

basement has great storage.

What a family home!

$359,000Web iD# DO5832

Jim Columb0274 327 486James Columb0274 761 007

4 2 1+

MORNINGTON 30 Brunel Street

Sophisticated style from the minute you come

through the door. Inspiring decor throughout with

a new kitchen & bathroom, equipped with quality

fittings. The home comprises 3 good sized double

bedrooms. The adjoining open plan dining & living

area is spacious, sunny and features a fire. Indoor

outdoor flow, with a great size deck perfect for

entertaining. Close to all amenities. Don’t delay,

an affordable home of this quality won’t last.

Beautifully presented home

Neg over $249,000Web iD# DO5928


3 1 1

MORNINGTON 7 Meadow Street

This inner-city home is only minutes’ walk to the

CBD & in a prime position for all day sun. A well

maintained family home offering plenty of space

for a large family or an addition to an investment

portfolio. 4 good sized bedrooms & new bathroom.

Great sized kitchen flows onto family lounge.

Excellent heating throughout with 2 heat pumps

& HRV system. Single garage, easily maintained

section. Close to schools & Mornington.

Location at it’s finest



4 1 1

NORTH EAST VALLEY 1 Baldwin Street

Just listed, hard to find in this handy location.

Situated on the corner of one of Dunedin most

iconic streets. Bathed in all day sun. Open plan

living with a woodburner and a heat pump. Two

bedrooms and a bath. It has a garage with internal

access also. Be in quick, this won’t last !

Affordable townhouse

$179,000Web iD# DO5935


2 1 1

20

BURNSIDE 12 Ensor Street

Lovely three bedroom home situated in a sunny

sheltered setting, with a rural outlook and

surrounded by modern houses. Open plan

kitchen and living, conservatory and spacious

deck flow well for entertaining. Plenty of parking,

single garage and easy care child friendly section

complete the package. Don’t delay - my vendors

are set to go!!

$212,000Web iD# DO5861

Ann Fitzgibbon-Park021 770 063

3 1 1

Seriously for sale at this price!

GLENROSS 22 Sretlaw Place

Appreciate the benefits of a modern home – from

the warm insulation, double glazed tinted windows,

lovely drapes & modern decor. The home offers 4

bedrooms, with the master bedroom having a walk

through wardrobe and ensuite. Enjoy sitting in the

sun or entertaining from the private landscaped

outdoor living which flows from the open plan

kitchen dining and lounge areas. A rural outlook

but only minutes to schools, buses and shops.

$353,000Web iD# DO5924


Relax and enjoy!4 2 1

GREEN ISLAND 44 Koremata Street

This first home wont last this property consists

of three genuine double bedrooms with built in

wardrobes and a good quality bathroom. There

is a large formal lounge perfect for entertaining,

it also has great heating with a wood burner and

heat pump. The kitchen and dining get fantastic

sun. Single car garaging and workshop area

underneath the house with plenty of storage.

Good sized section with a good patio area.

Attention first home buyers

$193,000Web iD# DO5830


3 1 1

SHIEL HILL 26 Elliffe Place

This quality family home comprises of three

generous sized bedrooms with two bathrooms.

One large formal lounge flows onto the dining

room which is perfect for entertaining guests, both

rooms have fantastic views over the city and Saint

Clair. Pellet fired central heating system. Good

sized rumpus room downstairs and garage. Lots of

potential, call today.

Quality family home

$379,000Web iD# DO5862


3 2 1

21

| DUNEDIN

RAVENSBOURNE 16A Wanaka Street

Build your dream home on this lovely sunny

462m2 section in an established setting with lovely

harbour views and easy access.$55,000 Web iD# DO5677


Best priced section in town!

BRIGHTON 14 Bennett Road

Build your dream home on this 535m2 section

with fantastic sea views set in an established street.

Walking distance to the beach. Seldom available

and at an affordable price. $95,000www.edinburghrealty.co.nz


Build your dream home

SAWYERS BAY 72 Reservoir Road

701m2 Sawyers Bay section, recently pegged

out. Basked in all-day sun. Golf course, shopping

centre and pony club nearby, school within walking

distance. $64,000Web iD# DO5794


Lies well to the sun

RAVENSBOURNE 36 Kauri Street

Fantastic harbour views in a super sunny setting.

Build your dream home on this 502m2 sheltered

section. Only minutes to town. Contact me today

for more details! $69,000Web iD# DO5870


Dunedin’s hidden secret!

22

FAIRFIELD 5 Sunninghurst Drive

$518,000Web iD# DO5691

Debbie O’Driscoll0274 397 761Peter Wilson0274 327 486

4 2 2

Fantastic presentation in lovely homeComprising of a spacious open plan kitchen/

dining flowing onto a large separate living area

with then flows out through double opening doors

onto a private courtyard. Three large bedrooms

master with walk in wardrobe and en-suite. An

office or fourth bedroom! Very stylish bathroom

with separate toilet. Also has a separate laundry.

Double garaging with internal access plus off street

parking.

FAIRFIELD 6 Walton Park Avenue

This is a wonderful opportunity to buy a lovely brick

home in a very sought after location. Beautifully

presented home with 3 large bedrooms plus an

office or nursery, sunny lounge, very good location

with doors opening onto a neat rear section,

modern bathroom. Basement garage and off street

parking.

Negotiable over $315,000Web iD# DO5851

Debbie O’Driscoll0274 397 761

3 1 1

Beautiful, spacious home

KEW 31 Murray Street

• Fantastic views overlooking Dunedin city

• Positioned for maximum sun

• New well-appointed kitchen

• Spacious living area

• Good bathroom, separate toilet and laundry

• 3 good sized bedrooms with B.I.W.

• Rumpus room with adjacent utility room

• Small deck

• Carport and off street parking

$289,000Web iD# DO5937


3 1 1

Views to die for!

ST KILDA 86 Queens Drive

So hard to get each on own title, each

architecturally designed, all offering sun, privacy,

and so spacious. Built to last, featuring Italian

tiles, high spec kitchen, 2 full bathrooms, 3 large

bedrooms, nothing beats the feel of brand new.

These townhouses are ideal living in a popular

area. Ideal all age groups. Inspection well worth

it, come along for a look and discuss the options.

$419,000Web iD# DO5864

Mark Wallace0274 386 121

3 2 1

Three quality homes

23

| DUNEDIN

CAVERSHAM 30 Surrey Street

This brand new, stand alone townhouse has been

built with a specific relaxing lifestyle in mind.

Double glazing, full insulation and a heat pump.

The living area is positioned for maximum sun with

ranch slider doors opening to outside. Spacious

kitchen finished to a high standard. Modern décor

leads to the 2 double bedrooms, master with semi-

ensuite and B.I.W.s. Internal access to the single

garage with automatic door opener.

$269,000Web iD# DO5715

Viv Patrick0274 324 335

2 1 1

Enduring qualities

ST CLAIR 38 Ings Avenue

Often claimed as one of the best streets in the city

is where this home is set and you will find it has

been kept in tidy, original condition. Built around

1910 yet still retaining some of the traditional villa

features such as the pressed metal ceilings adding

character & style. This dwelling has 2 bedrooms

with 2 living areas. A touch of modernization would

certainly enhance the home. The rear garden has

attractive stone features which add to the property.


Viv Patrick0274 324 335

2 1 1

When location counts...

24

MORNINGTON 8 Haig Street

Just a stroll away from the local restaurants,

supermarkets, cafes and shops is this very tidy two

bedroom home which has been lovingly looked

after by the same family for the past 80 years.

Immaculate and inviting this home has a warm

sunny lounge with multi-fuel burner, a modern light

kitchen and dining area, good bathroom, separate

laundry, single garage and large basement

storage.

$149,000Web iD# DO5848

Sel Sefo-Collins021 2255 735

2 1 1

Lovely home, handy location

MORNINGTON 6 Haig Street

Are you looking for a fully renovated, centrally

located, easy-care home with garage, outdoor

area and a great outlook for under $150,000??

Then you must come and see this home now. Lovely

modern décor, easy walk to town and very handy

to the local Mornington shops, supermarket and

cafes. Please call for set viewing times. Furniture

may be included.


Sel Sefo-Collins021 2255 735

1 1 1

One bedroom stand alone townhouse

ST KILDA 84A Queens Drive









$389,000Web iD# DO5866


3 2 1

Three quality homes

ANDERSONS BAY 49 Highcliff Road

This superb modern, approximately 6 year old

executive home has all the benefits of double

glazing, full sun and lots of glass for both summer

& winter living. Lower level: Double basement

garage, workroom. Middle level: Formal entry with

large open plan living leading to the deck. Master

bedroom with ensuite & dressing room. Upper

level: 2 large double bedrooms & 2nd bathroom.

Beautifully finished & set on an easy care section.


Noel Jenkins0272 888 450

3 2 2

Easy living starts here

| DUNEDIN

25

ST KILDA 53C Grove Street

A must to inspect if you are looking for nice bright

practical living with lot’s of sunshine and so handy

to all amenities. Two good sized bedrooms with

spacious living that enjoys full sunshine. Easy care

section with a carport and privacy. Don’t delay,

inspect today.

$185,000Web iD# DO5930

Colin McCrone0274 327 833

2 1 1

Delightful retirement option

BALACLAVA 1 Renfrew Street

Here is a great opportunity for first home buyers

or investors to purchase this well presented home.

Sitting on a corner section in a great location. Two

double bedrooms with built in wardrobes, kitchen/

dinning combined and a separate lounge with a

gas fire for the colder months. Good size deck to

have those bbqs on or relax after a hard day at

work. Fully fenced backyard for the kids or family

pet. Carport for the family car.

$189,000Web iD# DO5750

Leah Greer0272 111 603

2 1 1

Ideal first home or rental

CALTON HILL 429 South Road

Solid three bedroom home for the first home buyer.

Kitchen/dining combined, Separate lounge with a

fire to keep you nice and warm over winter. Good

size bedrooms, great storage under the house. Off

street parking. Close to the shops and bus stop.

Call for a private viewing.

$179,000Web iD# MO1238


3 1 OSP

Great starter home

CAVERSHAM 68 & 70 Law Street

On its own title. Stand alone town house about

to be built. Ready in March, located in a well

established townhouse area. Two bedrooms,

generous living areas and garaging. Fully

finished, just move in and put your feet up. All the

advantages of new include double glazing, brick

and colour steel, heat pump and dishwasher, close

to all amenities. Call for enquiry and info pack.

Go on, you deserve it.

$259,000Web iD# DO5839


2 1 1

Brand new townhouse

26

ST CLAIR 113 Forbury Road

Set on an easy care 522m2 section is this 1940’s

character home. 2 bedrooms + sunroom/3rd

bedroom, lovely characterful lounge with gas

fire, sunny kitchen/diner & deck which captures

all day sun. Enclosed carport, existing under-

house garage, laundry area, 2nd toilet, workshop,

hobbies room & additional multipurpose room.

Lovely mature, well-kept garden. Close to the bus

stop, schools & the nearby beaches.

By negotiationWeb iD# MO1240

Trevor Branton0220 50 10 20

2 1 2

Character & location

BROCKVILLE 250 Brockville Road

With 4 great sized bedrooms, 2 car garaging,

modern kitchen with dishwasher, sunny lounge

with multi-fuel burner on wetback, & outdoor

living set perfectly for the sun, this one is perfect

for the growing family. Newly decorated bathroom

with shower, separate toilet, laundry, a neat little

computer cubby and masses of under house

storage. All with a primary school, kindy, local

shops and bus stop just up the road.

Suprisingly spacious & sunny



4 1 2

PORT CHALMERS 27-29 Victory Place

$379,000Web iD# DO5872

Quinton Taylor027 733 9158

3/4 1 1

Restful, bayside setting• Secluded, sunny bayside location

• Tastefully restored & upgraded family home

• Kitchen/dining/living with log fire & heat pump

• 3 good sized bedrooms + 4th/study

• Heated kitchen & bathroom tiles

• Outside studio w/ electricity & separate aviary

• Large fenced & sheltered outdoor entertaining

area - section spread over two properties

• 10 minutes drive from Dunedin city centre

ST KILDA 86A Queens Drive









$389,000Web iD# DO5865


3 2 1

Three quality homes

| DUNEDIN

27

MOUNT CARGILL 886 Blueskin Road

$190,000Web iD# DO5873


Magnificent views• Great lifestyle opportunity

• Sunny outlook

• Build your dream home

• Approx land size is 2,016ha

ST CLAIR 21 Aberdeen Road

Situated near the top of the hill in sought-after St

Clair, this brick family home enjoys stunning ocean

views in a sunny location. This home has been

renovated with an open-plan, kitchen/living area,

2 bedrooms + a third bedroom/study. Potential for

development. Basement workshop. Situated on a

835m2, section with a garage and 2 glass-houses.

Close to all amenities, the St Clair golf course, the

beaches and restaurants, and it is on a bus route.

$249,500Web iD# DO5908


2 1 1

Location, views & potential

28

| NEW ADDITIONS

Steve brings a wide background in general management to the Edinburgh

Realty team, having worked for several well known Dunedin companies

including Cottonsoft and Wickliffe.

Steve’s role is to oversee all aspects of the Edinburgh Realty business

so that it remains the provider of choice for people seeking real estate

services in Otago.

Originally from the UK, Steve has lived in Dunedin with his wife and four

children for over ten years.

Steve Silvey

m 021 480 066

p (03) 470 2513

e [email protected]

Steve SilveyGeneral Manager

David McKenzieWanaka Branch ManagerDavid joins the Edinburgh Realty Wanaka team with a successful

background in real estate and business management.

His business career encompasses a large cross section off associates and

contacts throughout New Zealand , especially in Otago and Southland.

He is an associate of the Real Estate Institute and has held senior offices

in the organisation.

“Forming strong business and social relationships through good real

estate practice is something I enjoy, I look forward to the challenge of

assisting to successfully establish Edinburgh Realty in the Wanaka area.”

David McKenzie

m 027 543 1946

p (03) 443 0084

e [email protected]

29

| OUR SERVICES

Do you know the benefits of listing with us?•FourbranchescoveringOtagoandCentralLakes

•Otago Daily Times - Wednesday advertising plus Saturday’s Properties Today supplement

•Property Press - Central Lakes District

•Exclusive - The Edinburgh Realty Magazine, distributed monthly throughout Otago and Central Lakes

•Onlinemarketing-www.edinburghrealty.co.nz,www.realestate.co.nzandwww.trademe.co.nz

•Eyecatchingmainstreetwindowdisplay

•Directmarketingtoourextensiveclientdatabase

•Extensivehighprofilesignage

•Highlymotivatedexperiencedagentsfocusedonmakingyourrealestateexperienceasuccessfulone

Give one of our team a call today to discuss your property needs.

Property Management services available

in Wanaka!

Call our Wanaka Property Manager, Betsy Rae, to discuss the management of your rental property.

Betsy RaeProperty Manager

Ph: (03) 443 0430

[email protected]

Specialising in long term rentals, holiday home management serviceand peace of mind

Property not renting?

You can start by calling Robyn Broughton at Edinburgh Realty Property Management.

We have a large pool of quality tenants seeking new homes - Can you help us meet this demand?

Call me today!

Robyn BroughtonBusiness Development Manager

p (03) 470 2541

e [email protected]

z Need an income now? z Becoming discouraged? z Have you considered other options? z Unsure where to start?

30

GREEN ISLAND 8A Tomkins Street

A wonderful opportunity to buy a top quality family home, only a few years old. Situated on 16.7ha of elevated, gently

rolling green pasture with superb sun and views, the home is quality throughout with four generous bedrooms and ensuite.

The kitchen features quality appliances, excellent indoor/outdoor living. Double garage, plenty of off street parking, a three

bay shed and yard - all so close to town! A must view! Vendor registered for GST.

Superb modern lifestyle home4 2 2

TAIERI MOUTH Totara Close

Just 25 minutes from the city and airport. Lies this beautiful coastal retreat of

Taieri Mouth. Exclusive subdivision with both coastal and river views. Under

ground services, on the school bus route. Great for a weekend retreat or

permanent home. Fantastic recreational fishing both sea and fresh water. These

sections represent outstanding value!

Lot 1: On Offer

Lot 2: SOLD

Lot 3: $130,000 $98,500

Lot 4: $139,000 $109,000

Lot 5: $135,000 $89,000

Lot 6: $135,000 $89,000

Lot 7: SOLD

Lot 8: $180,000 $119,000

Lot 9: SOLD

Lot 10: SOLD

Lot 11: $180,000 $98,000

Also modern wharf: $65,000 (circled)

Developer says SELL! Prices Slashed!

From $89,000Web iD# DO5785


1

2

3 45

67

10

1189

Offers over $600,000 Web iD# DO5786

Peter Wilson0274 327 489

| LIFESTYLE & RURAL

31

WAVY KNOWES 5 Kilmarnock Close

$869,000 Web iD# DO5593


8 3 2

Tremendous ambienceThe indoor/outdoor flow is effortless with the

outdoor settings, sun drenched kitchen with bi-

fold doors bring the outside in. Formal lounge with

tremendous ambience. Four generous bedrooms,

master has ensuite and walk-in wardrobe. Upstairs

to two bedrooms nicely elevated for sun and views.

Downstairs is two more rooms another bathroom

and currently a theatre. Double garage and ample

off street parking.

ST CLAIR HEIGHTS 277 Hillhead Road

Amazing family home overlooking Tunnel Beach,

views as far as the eye can see, top quality

throughout. This is clearly a magnificent home in

a fantastic position. Open plan kitchen/living with

formal lounge, beautiful and spacious, situated on

almost five acres of top quality land with sea views.



4 3 2+

Lifestyle beside the sea

CONCORD 125 & 121 Stevenson Road

Option 1. 125 Stevenson Road, Concord.

Approx three acre block, rear lot,

elevated 11816m2 section.

Option 2. 121 Stevenson Road, Concord.

Approx five acre block, straight off

the road, some trees and stream.

19788m2 section. Great buying.

Option 1: $99,000 Option 2: $105,000 Web iD# DO5788

Web iD# DO5789


2 options to choose from....

TAIERI MOUTH 360 Taieri Beach Road

$370,000 Web iD# DO5898


Fantastic lifestyle opportunityLifestyle property offering a variety of features.

Approximately 40 hectares - almost 100 acres.

Some native and 11 deer-fenced paddocks. Great

size and location. Wonderful views.

VENDOR WILL CONSIDER A TRADE

32

CENTRAL CITY 1 Queens Gardens

This stunning pre 1880’s character building strategically located in the “Exchange” area, provides a development opportunity on the ground and lower ground floors (311m2) while funding the purchase from two student apartments on the first and top floors. Top floor – spacious three bedroom apartment also with potential for another bedroom, first floor – five bedroom student apartment with huge open plan living. With an obvious upside in rents going forward, the current rental is $885pw to 31st December 2011. Easy walk to University and Central City shops, bars and cafes.

CBD Development opportunity

33

| INVESTMENTS

8 3+

Web iD# DO5931

Barclay Sievwright021 351 781Lane Sievwright021 526 366

Deadline Sale: 4.00pm Wednesday 17th August 2011, at our office -578 George Street, Dunedin (unless sold prior).

The building is an integral element of the “Queens Gardens Heritage Precinct” and is zoned “Central Activity Zone”. An astute investment in Dunedin’s early heritage while providing the purchaser with pride of ownership. Viewing will impress.

KEW 37 Easther Crescent

This property is seriously for sale. It is currently

rented at $270.00 per week until 6 July 2011.

Offering stunning views over the city and harbour

and excellent indoor/outdoor flow to a fabulous

deck. Three good size bedrooms and tidy kitchen

and living area. A must inspect.

3 1

Affordable investment

$195,000Web iD# DO4948


ANDERSONS BAY 31 Cranston Street

17 6 OSP

Rateable value $1,050,000

$625,000Web iD# DO5740


Very motivated vendors want this massive home

sold! Downstairs: 17 bedrooms, 6 toilets, generous

living & dining areas, commercial kitchen & laundry

facilities and much more. Upstairs: Generous

2 bedroom flat. Lovely outdoor areas, off-street

parking available for numerous cars. Some leases

are currently in place, but a huge opportunity exists

for further letting. The quality of this property is of

the highest standard and is very impressive.

GLENLEITH 29 Tanner Road

You will enjoy family living in this spacious four

bedroom home which offers open plan living

plus a separate lounge, and two bathrooms. The

large master bedroom also includes a lounge area

come office area or fantastic for extended families.

The easy care 610m2 section is well fenced and

includes garage plus off street parking. Other

features include near by walking tracks, schools,

buses and only minutes to town.

$379,000Web iD# DO5665


4 2 1+

Spacious family home

DUNEDIN CENTRAL 47 Manor Place

For sale by tender Closing 1pm Friday 26 August 2011 in our office at 578 George Street, Dunedin (No prior offers)

Web iD# DO5873


Central City opportunityAttractive, compact flats in two units; one

2-bedroom unit upstairs, a single bedroom unit

downstairs plus shared laundry. This solid, brick

and roughcast 130m2, property is near the CBD,

University & Polytechnic precincts. Both flats are

currently tenanted by long-term, reliable tenants

and currently returning $375pw. This would be

a great starter project for that rental property

portfolio, with potential to develop it further.

3 2

34

ST KILDA 5 A & B Royal Crescent

Douible investment on a single title. A 4 bedroom

bungalow, renovated interior, let at $295 per

week. Second dwelling is a 2 bedroom townhouse

let at $170 per week. Opportunity to improve and

add value - ideal entry level investment. Phone to

view.

$249,000 Web iD# DO4994

Noel Jenkins0272 888 450

6 3 1

2 homes - shows 9% plus

FORBURY 62A Fitzroy Street

Wonderful passive investment. Head-leased

to Housing New Zealand, 10 years plus ROR.

You sit back and receive your rent every month.

Built-in rental reviews and you are indemnified

against damage. Brand new modern designed two

bedroom townhouses, garage with internal access

and fully landscaped. Long term investment with

upside in rents and capital growth.

Call now to discuss.

$280,000 Web iD# DO5566


2 1 1

Government guaranteed rent

| INVESTMENTS

DUNEDIN CENTRAL 56 Arthur Street

A rare opportunity to purchase this 2304m2

property so close to the city. Formally the Otago

Bowling Club, the property comprises flat land with

the clubrooms (300m2) also included. Currently

residentially zoned with a rateable value of

$415,000. Contact Jim or James today for more

information.

$379,000Web iD# DO5869


Unique development opportunity

MAORI HILL 16 A & B Passmore Crescent

Situated in Dunedin’s most sought after location.

Two very tidy flats (one 1-bedroom, one

2-bedroom) with a great rental history. Fully leased

for next year. Returning $480 per week. A very

sound long term investment. Be quick.

$359,000Web iD# DO5929


Blue chip investment flats3 2 1

35

36

| PROPERTY MANAGEMENT

Excellence inProperty Management

Edinburgh Realty Ltd Property Management team has a combined experience of 35 years in professional

property management.

We successfully manage a broad spectrum of properties including residential homes, units, apartments, student flats and studio rooms. We do not just collect rent; we take immense pride in ensuring that your investment is fully cared for.

We will professionally and conscientiously manage your property and invite you to take advantage of our collective expertise in property management.

We have a large pool of quality tenants seeking new homes.

Can you help us meet this demand? Call us today!

Edinburgh Realty Ltd Property Managementa 578 George Street, PO Box 5772, Dunedin 9058

p (03) 474 0056 f (03) 474 5446

e [email protected]

37

| UNIVERSITY INVESTMENTS

UNIVERSITY 38 Heriot Row

• An ideal property for your son/daughter at University, Medical or Dental School.

• Located a short walk from George Street and most faculties.

• A very handy four bedroom roughcast villa, rented for 2011 at $469pw to four senior students.

•Open plan kitchen/living which open out to a private rear courtyard.

•Good solid long term investment or ideal for family whilst studying.

•Contact us for further details.

Investment with character

4 1

$419,000Web iD# DO5269


UNIVERSITY 34 Howe Street

Four bedroom flats are always in demand and this one has Prime Campus Location. No grounds to look after. Current

rent is 4 x $105 for 2011. Ideal for Kids at Uni or easily let investment. Owner holding off renting for next year for a

couple of weeks so be quick.

Prime location

4 1

$300,000 - 7.28%

Web iD# DO5932


38

UNIVERSITY 542 Leith Street

This tidy four bedroom home is tucked away at the north end of Leith Street is currently rented at $450pw to the end of

the year. Sunny, private location with an easy flat stroll to all Faculties. Great accommodation for kids at Uni in 2012 or

nice little investment with good rental prospects. No vacancy worries here plus 506m2 Res site. Be quick before its let for

2012 – won’t last long.

Campus secret

4 1

$335,000 - 7%Web iD# DO5896


UNIVERSITY 78 Dundas Street

• Four bedroom terrace house.

• Modern kitchen and heat pump.

• Tidy condition throughout.

• Small courtyard at rear.

• Rented at $330pw for 2011

Entry level on campus

$219,000 - 7.8%Web iD# DO5920


4 1


Superbly located terrace house only a few minutes

to all faculties. Four bedrooms returning $400pw

to 31st December. Vendor is holding off renting

for 2012 to give family with kids at University

the opportunity to purchase. Extensive internal

upgrade – inspection will impress.

Superb location!

$299,000 - 6.95%Web iD# DO5934


4 1


39

UNIVERSITY 38 & 38A Malvern Street

• Tidy weatherboard home split into two flats

• 38 - 1 good sized bedroom, tidy kitchen and

bathroom. Separate lounge with woodburner.

Currently rented $190pw until 14/11/2011.

• 38A - 1 good sized bedroom, tidy kitchen and

bathroom, separate lounge with heat pump.

Currently rented at $205pw until 29/3/2012.

• Both have off street parking

Dual income

$231,000Web iD# DO5894


2 2 OSP

GARDENS 18/20 Cornhill Street

Two very handy 4 bedroom houses next door to

each other right in the popular “Gardens” precinct

on the edge of Campus. Easy walk to lectures

and rented at an affordable $125 per studio room

(some tax deductible landlord costs). An ideal time

to lock in historically low interest rates before they

move. Fully tenanted for 2011.

Positive income stream


Clayton Sievwright021 191 5555Barclay Sievwright021 351 781

8 2 1+OSP

NORTH EAST VALLEY 30 James Street

Need 6 spacious bedrooms, elevated on the

sunny side of North East Valley, handy to Gardens

Shopping area? Currently rented to end of year

at $552pw to a group, but could easily return to

being a large family home - just collect the rent

until the end of the year or continue as a positive

cash flow investment. Large deck off conservatory,

2 bathrooms, garage & good car parking

complement this substantial property.

Family home or investment

$319,000 - 9%Web iD# DO5847


6 2 1

NORTH EAST VALLEY 123 North Road

Well positioned tidy home on Campus fringe. Ideal

for students wanting a quieter location and a flat

stroll to Uni. Previously rented at $400pw, four

bedrooms, off-street parking for at least 2 cars.

Handy to the Gardens shopping precinct. Sunny

rear yard with deck, heat pump recent new roof,

ceiling and floor insulation and a new cylinder.

Great for family at Uni

$279,000Web iD# DO5916


4 1

40

UNIVERSITY 54 Howe Street

Standalone two bedroom brick house with

spacious living area and heat pump. Sunny easy

care section. Walk to all faculties. Rented for 2011

at $240 per week. Family at University in 2012?

Stand alone two bedroom houses on campus are

like hens teeth!

$260,000 Web iD# DO5529


2 1

Ideal for family in 2012!

UNIVERSITY 18 Malvern Street

Three bedrooms, plus a sleepout Open plan living,

bathroom with shower over bath and separate

toilet Relined and has a heat pump Large sunny

backyard that backs onto Woodhaugh Gardens

Bus stop at gate. Rented at $140pw for 2011.

$208,000 Web iD# DO5119


4 1

Popular rental


41

UNIVERSITY 56A & 56B Bank Street

An excellent opportunity to purchase 2 modern

purpose built student flats. One has 6 bedrooms

and the other has 8 (rented as 7). Both have 2

bathrooms and 2 toilets, spacious open plan living.

Currently tenanted at $1365pw to 31/12/2011.

Only a short walk to the Gardens Shopping centre,

across the road from the Gardens sports ground

and a short walk to University. Also features double

glazing, heat pump and insulation.

$887,000 - 8%Web iD# DO5798


14 4

Modern multi-unit investment

UNIVERSITY 54A & 54B Bank Street

Two modern 6 bedroom units an easy stroll to

University and handy to Gardens Shopping Centre.

Good size double rooms with built in furniture

plus 2 bathrooms, 2 toilets and spacious living.

Currently rented at $1260pw to 31/12/2011.

Low maintenance and well insulated on easy care

section. Great return as an investment or available

for kids at Uni next year. Also features double

glazing, heat pump and insulation.

$820,000 - 7.7%Web iD# DO5799


12 4

Low maintenance investment

18 6 6

UNIVERSITY 2 Ethel Benjamin Place

Sitting right across the road from the Otago

University Central Library is this substantial quality

student investment. This magnificently designed

complex is for sale as one lot and comprises three

six bedroom flats plus under ground parking for

six vehicles. Outstanding in design with plenty of

natural light and warmth, these flats have always

been very popular to rent and tenants enjoy the

location and balconys.



Blue chip University

GARDENS 59 & 61 Opoho Road

• Two x 4 bedroom cottages nestled on the north

side of the Botanical Gardens.

• Both rented to 31/12/2011 at $320per week,

i.e. $33,280p.a total.

• A stone’s throw from the Gardens Shopping

area. Leasehold can be purchased.

• Ground lease $5775pa incl. GST (leasehold

land).

• Call for details or to arrange an inspection.

$325,000Web iD# DO5897

Lane Sievwright021 526 366Clayton Sievwright021 191 5555

8 2

Character & charm!

42

UNIVERSITY 30/32 Clyde Street

Superb long term hold with great wealth creation

potential with a do up. Currently rented at $525

per week each, these two, five bedroom terrace

flats are ideally located to maximize future rental

increases. A unique opportunity to purchase 26,

28, 30 and 32 Clyde Street in one block.

$728,000 – 7.5%Web iD# DO5710


10 2

Strategic opportunity

UNIVERSITY 818 Cumberland Street

Two flats, three bedroom upstairs rented at $290

per week and two bedroom downstairs rented at

$280 per week - $28,600 p.a. Modern bathrooms

and kitchens, and located only minutes walk to all

faculties makes this investment a popular renter

with senior students.

$445,000 - 6.7%Web iD# DO5513


5 2

Two tidy flats

UNIVERSITY 766 & 766A George Street

Five bedroom house rented at five x $110pw for

2011 - $28,600 plus four ensuited studio units

rented at $240pw each for 2011 - $49,920

gross. Total 2011 rental income $78,520pa

gross. With potential rental increase in 2012 gross

rental could easily be $83,200pa. Studio expenses

are gas/electricity/cleaner Nett return for 2011 -

$78,520 gross - 7.65% nett

$939,000 - 7.65%Web iD# DO4920


9 5 OSP

Multi income stream


Five bedrooms, open plan living with heat pump

and tidy bathroom Relined and very tidy throughout

Large sunny backyard Rented at $300 pw 2011.$208,000 Web iD# DO5118


5 1 1

Kids at Uni


43

UNIVERSITY 4 Duke Street

Just off George Street at the North end of Campus

Very tidy six bedroom villa, rented at $555 per

week for 2011. Short walk to University, Dairy at

corner of the street. Handy, quiet location. Very

affordable at this level!

$395,000 - 7.3%Web iD# DO5045


6 2

Renovated villa

UNIVERSITY 38 & 38A Carlyle Street

38 has 3 bedrooms + sleep out, tidy kitchen and

bathroom, living area with heat pump. Currently

tenanted until 31/12/11 at $350pw. 38A has 2

bedrooms, tidy kitchen and bathroom, gas hot

water system, living area with heat pump. Currently

tenanted at $250pw until 31/12/11. Superb

OSP for several vehicles. Only a minutes’ walk

to Gardens shopping centre and a short stroll to

University.

$320,000 - 9.75%Web iD# DO5823


6 2 OSP

Multi income investment

UNIVERSITY 14 Hyde Street

The rental history on this property is amazing. Two

vacant weeks in 10 years!!! Rented at $500 per

week for 2011 – this is your opportunity! It’s not

every day you get to purchase in famous Hyde

Street

4 1

Prime Campus location

$349,000Web iD# DO4622


UNIVERSITY 760C George Street

Modern 1980’s, two bedroom town house on

iconic George Street. Convenient low maintenance

living only a few minutes’ walk to everything!

Rented for 2011 at $360pw but could be great

accommodation for family at University in 2012.

$325,000 - 5.76%Web iD# DO5805


2 1 OSP

When location matters

44


Four bedroom house with heat pump plus sleepout

with two big bedrooms all newly lined, painted,

carpeted and heat pump. Rent for 2011 is $500

total for the house and sleepout (separate power).

An ideal opportunity for a local hands on investor

or out of town investor with management in place.

$273,000 - 9.5%Web iD# DO4347


6 2 2xOSP

Invest in your future

UNIVERSITY 129 Cargill Street

This large six bedroom, two bathroom investment is

rented for 2011 at $700 per week. Could do with

a tidy up but the return and location are excellent.

Walk to University and Central City shops. Difficult

to find high yielding properties in this location.

$359,000 - 10%Web iD# DO5734


6 2

High yield important?

UNIVERSITY 10 Glencairn Street

Low maintenance roughcast brickie! Upstairs has

two rented rooms (both with heat pumps) plus

kitchen and bathroom, while down stairs there

are two further rooms (one heat pump) plus utility

room. Total rental is $400pw. Residential 1 zoning

and a garage. A great house for kids at Uni next

year. All the shops so handy and an easy flat walk

to Uni

3 1 1

Kids at Uni for 2012?

$280,000Web iD# DO5735



Rented for 2011 at $575 per week to five students,

this property offers four double bedrooms, plus

an ensuited sleepout. Well maintained and very

popular with students being only minutes walk to

University, Polytech and Logan Park sports fields.

Plenty of off street parking adds to the appeal.

$430,000 - 6.95%Web iD# DO5362


5 2 3/4

Tidy investment

45


UNIVERSITY 23 Cornhill Street

Purpose built low maintenance block of eight

ensuited studio rooms. Strategically located in

the heart of the “Gardens” area on the edge of

Campus and a flat walk to all faculties. Excellent

rental history showing regular income increases

each year. Only six years old with spacious rooms

plus large sunny common kitchen/dining/lounge

and outdoor patio. Fully let for 2011 at $91,390

gross - $83,123 nett of studio costs.

$990,000 - 8.14% nett

Web iD# DO5206


8 8 4

Astute retirement plan

UNIVERSITY 93/7 Queen Street

Very tidy two bedroom unit. Open plan living with

heat pump. Rented at $250 per week for 2011.

One car parking space. Walk to all faculties. Ideal

for kids at University or straight easily managed

investment.

$239,000 - 5.43%Web iD# DO5491


2 1 1xOSP

Easily managed investment

UNIVERSITY 12 Clyde Street

Tidy four bedroom prime campus Investment. Low

maintenance section with rear courtyard. Only a

few minutes walk to all faculties, and rented at

$380 per week. Room to improve and add value.

Difficult to find entry level flats in this location.

$289,000 - 6.83%Web iD# DO5671

Clayton Sievwright021 191 5555Barclay Sievwright021 351 781

4 1

Affordable on Campus

UNIVERSITY 2/535 George Street

Superbly located Spanish style apartment. Two

spacious bedrooms, large separate living and

secure garaging. Walk to University, Hospital

and town. Blue chip investment or inner city pad.

Security of an established quality complex in a

sought after location. Rented at $350 per week.

$299,000 Web iD# DO5361


2 1 1

Superb location

46


DUNEDIN NORTH 24 Ramsay Street

Very tidy villa elevated above the Gardens

shopping centre. Four bedrooms, open plan living

with heat pump. Completely renovated a couple

of years ago. Plenty of off street parking. A short

walk to the Gardens precinct and University. Has

been occupied by family at Uni. Rented at $280pw

until 31.12.2011.

$235,000Web iD# DO5630


4 1 OSP

Extremely tidy villa

DUNEDIN CENTRAL 4 Kyber Pass

$720,000 Web iD# DO5554


8 2

Superannuation alternativeYour tenants will enjoy the peace and charm these

eight studio rooms offer. Good bathroom and

kitchen facilities plus neutral décor throughout.

Walking distance to the University, Hospital and

the city. Small easy care section. 9.1% nett return

of studio costs. Great buying on today’s market.

Phone me now for further details!

| COMMERCIAL

47

DUNEDIN 150J Kaikorai Valley Road

For saleWeb iD# COMME268

Mike Elford0274 342 220

Multipurpose premises• 1st floor rooms 515m² (approx), industrial zone

• Comprises large areas, several include

amenities

• Includes on-site car park

• Opportunity for clubs, groups or societies

• Priced reduced to $125,000 (vendor

unregistered for GST)

For further details, contact Mike Elford today

FOR SALE



DUNEDIN 237 Moray Place

Highly visual location• Retail shop, area approx 110m²

• Excellent location

• Vacant posession

• Owner will consider leasing

• Priced to sell at $243,000 + GST


FOR SALE



DUNEDIN 46 Stafford Street

Entry level investment• Fully leased industrial investment property

• Nett return $29,662 (PA) + GST

• Tenants pay all outgoings

• Freehold 1012m² site


FOR SALE



DUNEDIN 96 Glen Road

Modern, low maintenance• Freehold site area 1121m²

• Industrial use currently

• Comprises workshop, office and amenities

• Vacant posession, tenant interest welcomed

• Vendor unregistered for GST

• Opportunity for owner occupiers or investors


FOR SALE

48

MOSGIEL Didham Drive Subdivision

Great buying at $395,000 for a brand new three

bedroom house and $410,000 for a brand new four

bedroom house. These houses are built on manageable

sized sections for busy lifestyles. Affordable with all the

extras, ensuite, walk-in wardrobe for master bedroom.

Double glazed, fully insulated, brick, functional stylish

kitchens and open plan living.

$395,000 (3 bedroom)

$410,000 (4 bedroom)

Gill Verburg0273 762 313

3/4 2 2

Great buying, great price - Only 5 left!

Win

gatu

i Roa

d

Factory Road

EAST TAIERI 22 Orchard Grove

Situated in the exclusive Orchard Grove subdivision, and positioned for every ray of sun is this exquisite family home. It

has been designed to incorporate a French provincial feel and offers superb light filled living and entertaining spaces. The

house is always kept extremely warm with underfloor heating, a wood burner and highly engineered insulation. From these

areas there is excellent flow to the outdoors which makes a welcome retreat for alfresco dining and relaxing. Any chef

would love the kitchen with its large walk-in-pantry, butler’s sink and bi-folding window. Four bedroom accommodation

includes two rooms with ensuites, and the main bathroom features a stunning claw foot bath. Vehicles are well taken care

of with a double garage with internal access and there is plenty of off street parking. Children and pets will play for hours

on end in the safe rear section and the established garden includes a range of exclusive fruit trees.

Clear instructions to sell!

4 3 2



49

| MOSGIEL

OUTRAM 27 Lynas Street

By negotiation Web iD# MO1249

Gill Verburg0273 762 313

3 1 2

Three bedroom family home in OutramThis tastefully decorated, elevated home offers

so much. 3 bedrooms with double wardrobes.

Separate lounge, large kitchen & dining area.

Great service areas, with the laundry having access

to the garage. The bathroom, toilet & shower are

all separate for the busy family. A heat pump,

wood burner, and a panel heater in the hall ensure

warmth all year round. The Outram community

love the climate, the cafes, and the country living.

MOSGIEL 34 Irvine Street

By negotiationWeb iD# MO1248

Jenny Lambert0274 326 354

3 1 1

Afternoons on the deck anyone?Situated in a popular spot, handy to the shopping

centre and the local primary schools. This home

offers three big bedrooms, kitchen, dining and

family room with extra lounge. Sliders from the

family room open to the covered sundeck which

flows to the private rear garden. Modern kitchen

excellent woodburner and heatpump. Large garden

shed and carport.

MOSGIEL 449 Gordon Road

By negotiation Web iD# DO5925


Own your own private oasis• Fantastic location, very private • 3 good sized

bedrooms • 4th bedroom/office • Master with

ensuite & W.I.W. • Spacious open plan – kitchen/

dining • Separate living • Doors flowing off

the living area & bedrooms onto a lovely deck

• Double garage with internal access • Lots of

OSP • Third garage or tack room • 2 stables

& dressage area • Well fenced into 4 paddocks

• Mature trees • Landscaped pond with walkway

3 2 2

MOSGIEL 24A Gladstone Road

Sitting back from the road on a 1165m2 section,

and elevated for stunning views over Mosgiel, is

this quality 1970’s home. It comprises 5 bedrooms,

2 modernised bathrooms and sundrenched open

plan living. There is a double garage with internal

access and ample of off-street parking. This is a

truly remarkable home worthy of your inspection.

5 2 2

Magnificent family home

$399,000Web iD# DO5845


50

MOSGIEL 233 Gladstone Road

$798,000 Web iD# MO1224


4 2 2

Peaceful lifestyleQuality family home with feature macrocarpa

ceilings and joinery. Spacious, well appointed

kitchen/dining flowing to lounge and outdoors

overlooking the private gardens & paddocks. 4

double bedrooms, master with en-suite & walk-in-

robe. Well insulated with wegi burner on wet-back.

Double garage with internal access. Also, a one

bedroom cottage, implement shed, shelter shed,

plenty of storage all on approximately 2.8 acres.

MOSGIEL 8 William James Close

Negotiable from $465,000 Web iD# MO1202


3 2 2+

Designer homeDesigned by R.J Oliver, a very spacious and sunny

home. Brand new - be the first people to call this

property home. Two large living areas capturing

excellent sun, three large bedrooms, master with

ensuite & walk-in-wardrobe. Plenty of storage, a

large double garage. Quality fittings & finishings,

the builder has gone the extra mile on this one.

MOSGIEL 31B Gordon Road

Negotiable over $235,000 Web iD# MO1219


2 1 1

Sunny and spaciousBrick & tile spacious unit, open plan kitchen/

dining opening to lounge. Two double bedrooms,

excellent storage. Great heating with a small metro

fire, heatpump and a DVS system. Bath, separate

shower & toilet. Excellent tidy decor throughout.

Small garden, carport. Handy to the local shop &

a short walk to teh main shops.

MOSGIEL 10D Severn Street

$148,000Web iD# MO1246


2 1 1

Recently refurbished unitA very cosy two bedroom end unit with room for

a vege plot or small garden. Near new kitchen

including dishwasher, a very tidy modernised

bathroom. Roomy master bedroom with sliders

opening to the private deck to enjoy the evening

sun. Heatpump in the lounge, modern décor.

Carport and garden shed. This is a very tidy home

for a couple, a single person or for an investment

option.

51

| MOSGIEL

EAST TAIERI 90 Main South Road

If you are a car fanatic, have all the toys, or need

large garaging, then this is one for you. Set on a

very private and sunny 1471m2 section this home

has ample and multiple options for any lifestyle

you are looking for. With an open and bright

outlook it’s very private and secluded with plenty

of additional of road parking also.

$315,000Web iD# MO1239

Peter Stechman0274 330 062

2 1 8

How much garaging do you need?MOSGIEL 2 Windsor Place

Negotiable over $399,000 Web iD# MO1229

Peter Stechman0274 330 062

4 2 2

Large living in MosgielThis 290m2 four bedroom brick home with three

living areas has been renovated in the last five

years with high quality appliances and furnishings.

Excellent kitchen, double garage with internal

access and a private sunny sheltered outdoor living

area. This home lends itself to extended family

living in all respects. View this fantastic property

and you will not be disappointed

MOSGIEL 33 Graham Street

Perfect option for family living offering 4 bedrooms

plus utility room. Spacious modern kitchen/dining

combined with french doors leading out to the

deck, large lounge with a wood burner for the

winter months. Paved court yard and fully fenced

landscaped 698m2 section. Single garage with

good off street parking. The added bonus of the

HRV system, heat pump and the private backyard,

with the new roof makes this an excellent package.

$330,000Web iD# MO1242


4 1 1+OSP

Room for all the family

MOSGIEL 201 Gordon Road

This spacious family home is full of appeal with

good size lounge with a Rinnai gas fire, glazed

windows & French doors leading out to a sunny

deck. Separate dining room/living area with

Gillies fire on wetback. Great size kitchen. Three

double bedrooms (B.I.W). Bathroom with bath and

separate shower. Small manageable garden in a

fully fenced, private section. Single garage with

auto door and good off street parking.

Negotiable over $315,000Web iD# MO1237


3 1 1+OSP

Lovely family home

52

| MOSGIEL

MOSGIEL 32 Joe Brown Avenue

Nicely elevated with a North West aspect this

910m2 section is positioned to receive all day

sun and has great views over Mosgiel to the

Maungatuas.Make an offerWeb iD# DO5659


Prime building site

EAST TAIERI 78 Riccarton Road

$89,000Web iD# MO1221


Taieri turfThis 500m2 section is located perfectly to allow

great sunshine. With great access to Mosgiel, and

the highway, the essential commuter could build

their perfect home. House and Land package

available. Please call for more information. Approx

land size is 500m2

OUTRAM 35 Huntly Road

$485,000Web iD# DO5487


5 2 3+

Calling extended familiesJust eight minutes from Mosgiel you will find this

huge family home. Faithfully constructed in the

1980’s on a ¼ acre with a lovely rural backdrop.

Great outlook with all day sun, four bedrooms plus

study and a huge rumpus/games room which opens

onto decking and a swimming pool. Fully fenced

and totally private. New kitchen, large lounge and

a master bedroom with en-suite. Huge garage/

workshop. Inspect now you will not be disappointed.

MOSGIEL 18A Gordon Road

$159,000Web iD# MO1218


Nest or invest• Sunny two bedroom unit

• Aluminum Joinery & Heatpump

• Excellent investment option.

• Rented at $195pw (6.4% Gross)

• 12 month fixed term tenancy in place

• Carport, garden shed and own garden

2 1 1

53

| EAST OTAGO

KARITANE 42A Coast Road

Sunny open plan living area with French doors opening onto a covered deck area – fantastic for those hot summers days.

Comprising of three good sized bedrooms with built in wardrobes, master bedroom has an ensuite and walk in wardrobe

plus doors which open onto a great sunny deck. Lovely bathroom with a claw bath, great to relax in after a hard day’s

work. Small fenced section with a large garage and plenty of off street parking.

Spend the days fishing

KARITANE 63 Grimness Street

This home has been extended over the years with a new living area, three large decks for all day sun. Three bedrooms with

upstairs master bedroom to take in the superb river and sea view. Set on a private 1/4 acre section with single garage plus

two older sleep outs. Only a short walk to the river and beach.

Three large deck areas

3 2 2

$315,000 Web iD# DO5286

Vicki Offen021 212 7842

3 1 1

$265,000Web iD# DO5551


54

WAIKOUAITI 162 Beach Street

You will fall in love with this 1920’s two storey

villa. There are five bedrooms, three upstairs, two

downstairs. Large sunny lounge with inbuilt burner

plus mosaic fireplace. Separate dining and large

modern kitchen/laundry which opens onto a huge

deck area to enjoy the flat sheltered section. There

is a double garage bird aviaries only 200 meters

from our fantastic beach, seldom available.

$270,000 Web iD# DO5687


5 1 2

Vendors want SOLD!

WAIKOUAITI 84 Thomas Street

This two bedroom cottage has good size living with

inbuilt multi-fuel, heatpump plus an HRV system.

The lounge opens onto a lovely private sheltered

landscaped fenced section with sleepout. There

is a large single garage/workshop plus sealed

driveway to the house for off street parking. The

property is on a small section so would make a

great retirement home or holiday house.

$155,000 Web iD# DO5760


2 1 1+

Look what’s behind the fence

WAIKOUAITI 52 Stewart Street

This two bedroom home is on a small landscaped

section with single garage/workshop plus it has

shower toilet and vanity included. The sunny open

plan living area has covered decks on both sides to

make the most of all day sun. Large bathroom with

wet shower area for wheel chairs plus ramp into

the house as well. So if you have a motor home

enjoy travelling plus a great home base.

$247,000 Web iD# DO5790


2 2 1

Great outdoor living

WAIKOUAITI 171 Edinburgh Street

Great holiday home, with golf course next door

and a short walk to the beach. The two bedroom

roughcast home has open plan living with

sunroom. Single garage with storage under the

house. The property is on a small landscaped

section with storage shed.

$159,000 Web iD# DO5675


2 1 1

Handy to golf course

55

| EAST OTAGO

WAIKOUAITI 146 Main Road

Great first home or rental

• Four bedrooms

• Open plan living

• Open fire

• ¼ section with fenced backyard

• Handy to school and shops

• Approx land size is 1,012m2

• Approx house size is 100m2

$115,000 Web iD# DO5404


4 1 4

TLC required

WAIKOUAITI 120 Thomas Street

Warm sunny three bedroom family home set on a

private quarter acre section only minutes from the

beach. With two open plan living areas both with

attached conservatories, large separate kitchen

with double door fridge/freezer with ice maker.

There is a double garage and this is all set on a

large flat section. This could be your home away

from home so don’t delay and inspect this home

today!

$234,000 Web iD# DO5327


3 1

Furniture included

KARITANE 133 Grimness Street

You will be impressed with the standard of finishing

with this three bedroom home. The open plan

living has lovely rural views with French doors open

onto a fenced private landscaped area to enjoy

barbeques in the sunshine. Only meters to the

river and beach. Single garage plus lots of storage

underneath the house. A must to view.

$380,000Web iD# DO5727


3 1 1

Lovely timber finishings

KARITANE 106 Stornoway Street

This is a one bedroom crib with sunny open plan

living. The property also has two older cribs in need

of TLC plus a storage shed. The large flat 2908m2

section is subdividable (subject to consent) and has

the potential to build your dream home. Handy to

boat ramp and beach.

$179,000 Web iD# DO5478


1 1

Three cribs

56

| WANAKA

2 2 1

WANAKA Villa 5, Heritage Village

Imagine coming home to a glass of wine infront of a glowing fire after a day on the ski fields.... This modern, fully

furnished, two bedroom, two bathroom home is set in parklike grounds and has full use of tennis courts, gym, spa and

sauna. Located just a few minutes to town this home is the ideal lock up and leave holiday pad or rental investment

property.$339,000Web iD# WA56289

Ursula Porter027 558 6170

Mountain Retreat

4 2 2

ALBERT TOWN 67 Lagoon Avenue

This really is “one stop shopping” if you need room for the family, all day sun and fantastic indoor/outdoor living. Step

through the front gate and feel yourself relax in the beautifully presented gardens which are fully fenced for child or pet

security. A lovely peaceful 4 bedroom home in a quiet location. Logfire/heatpump, electronic irrigation and double

garage.By negotiationWeb iD# WA56094

Harry Briggs027 431 1550

Family first

57

| WANAKA

2 1 OSP

WANAKA 4/62 Tenby Street

Modern, cosy and spacious 2 bedroom unit.

Open-plan living with large sliders leading to

your own private, sunny courtyard. Gas heating,

generous storage, off-street parking and full

furniture package available for purchase. An ideal

‘starter’ home or an easy-care holiday pad with

excellent short-term rental opportunities. Owners

leaving town and want their home sold!

$299,000Web iD# WA56283

Ursula Porter027 558 6170

The most affordable house in Wanaka?

WANAKA Spencer House Mall, Dunmore Street

Why pay $400 per m2 p.a. for your retail/office

space when you can come into the Spencer House

Mall, Dunmore Street in central Wanaka for only

$200 per m2 p.a (plus outgoings)! There is NEW

space available ranging from 68m2 to 150m2.

No key money. The fit-out costs are minimal.

Contact Harry today for more information.

For LeaseBy negotiationWeb iD# WA56196


Retail/Office lease

FOR LE

ASE

WANAKA Lot 263, Infinity Drive

800m² of sun, lake and mountain views. These

sections in Peninsula Bay are selling fast so ring

today to get in on the action and secure your prime

spot! $249,000Web iD# WA56287


Priced to sell4 2 OSP

HAWEA Lot 1, Cemetery Road

4 bedroom, 2 bathroom character home on a

4,001m² section in sunny Hawea. The house has

been relocated to the new site with re-cladding

and new insulation completed. So if you like the

country, this property is only minutes from Hawea

town and lake. The opportunity is here to add

to the renovations and landscaping. For further

information or for a viewing ring Harry today.

$395,000Web iD# WA56278


Sunny Hawea

| OUR TEAM

Noel Jenkinsm 027 2888 450ddi (03) 470 2524e [email protected]

Mosgiel

Property Management

Northline

Residential

General Manager

Lifestyle and Rural

Wanaka

Or visit us atwww.edinburghrealty.co.nz

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Are you our next cover model?

Produced monthly and distributed to 6000 homes and businesses throughout Dunedin, North & South Otago, Mosgiel and Wanaka, ‘exclusive’ magazine is the way to get your property on to everyone else’s coffee tables!

Contact one of our fantastic Sales Consultants today for more information about advertising in ‘exclusive’

exclusive august 2011

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mr emerson

time buyers

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merit prize

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east otago