Students Tim Wright and Emily Gray (both 26) walk past a
property, up for tender, which borders on University of
Otago's Union Lawn. Photo by Peter McIntosh.
A property which is practically on University of Otago's
campus is expected to attract a lot of attention before its
tender closes later this month.
With its rear garden flowing on to the Union Lawn, the
Cumberland St property is as close to the heart of the campus
as you can get.
The two-storey house was built about 1914 and is a category 2
designated building under the Historic Building Act. This
meant it was deemed to be of ''historical or cultural
heritage significance or value''.
Bayleys Dunedin director Robin Hyndman expected the property
would attract ''strong interest'', given its ''unique''
In recent years it had been used as a student flat and leased
to the university, Mr Hyndman said.
It has a government valuation of $395,000, but was expected
to sell for more than that, he said.
Asked if it was interested in buying the property, Otago
University property services director Barry MacKay said in a
statement:''It would be inappropriate for the university to
comment as this property is currently subject to a tender