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Helensburgh 10 Polwarth Road, Helensburgh

ID DNL233159
Tender (will not be sold prior)   28 October 2026   |   Property Brokers Dunedin, 21 Macandrew Road, South Dunedin   |   12:00pm

A rare opportunity with exceptional potential

Positioned at 10 Polwarth Road, Helensburgh, this remarkable 1.97 ha parcel presents an increasingly rare opportunity to secure a substantial landholding in an established, tightly held and highly sought-after Dunedin neighbourhood.

Surrounded by nature and close to the heart of the city, the property sits between the popular Ross Creek walking tracks and Redwood Forest, with Balmacewen Golf Course close by.

Elevated and exceptionally private, the land enjoys good sun and sweeping outlooks toward Dunedin City, across the golf course and surrounding landscape - offering the feeling of a secluded country retreat without sacrificing the convenience of city living.

Zoned Large Lot Residential, the property offers exciting possibilities for its future, including potential subdivision into multiple sections, subject to council consent. Whether envisioned as an exclusive residential development, premium lifestyle sections, or the setting for an extraordinary private estate, the scale and location offer a rare combination.

Adding further appeal - power, water and telecommunications are available at the road boundary, with sewer infrastructure located toward the rear of the property.

Immediately neighbouring the property is the prestigious Redwood Lane development, an enclave of impressive homes with GVs exceeding $1 million - further demonstrating the calibre and desirability of this pocket of Dunedin.

For developers, land-bankers or buyers searching for an exceptional site on which to create something truly special, opportunities of this scale in an established neighbourhood are difficult to find. With this being the last undeveloped block on Polwarth Road, opportunities like this simply dont come around twice - once it's gone, it's gone!

Key Highlights
• Approximately 1.97 ha of increasingly rare undeveloped land in established Helensburgh.
• Large Lot Residential zoning, offering potential for subdivision and multiple residential sites, subject to council consent.
• The last undeveloped block on Polwarth Road.
• Outstanding position between Ross Creek and Redwood Forest, offering access to walking tracks, native bush and recreation.
• Close to Balmacewen Golf Course, with attractive outlooks across the course and surrounding landscape.
• Nice elevation and views toward Dunedin City, combining privacy and space with an exceptionally convenient location.
• Just over 5km from Dunedin's CBD, giving the property an appealing combination of city accessibility and lifestyle living.
• Located within sought-after school zones, with John McGlashan College, St Hilda's Collegiate and Columba College all conveniently nearby.
• Prestigious surrounding neighbourhood, characterised by high-quality, well-maintained homes and the neighbouring Redwood Lane development.
• Services conveniently positioned, with power, water and telecommunications available at the road boundary and sewer infrastructure toward the rear of the property.
• Multiple future possibilities — develop, subdivide, land-bank, or create an exceptional private estate surrounded by nature.
Features
Land | 1.97 hectares(4.87 Acres)Rates | 4,845.55Regional rates | $746.19LV | $1,375,000RV | $1,375,000
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Joe Latta

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