



Only five of these beautiful riverside townhouses remain available, with new stages launching soon. Secure your next investment now and be ready ahead of the 2027 university semester.5/27 Malvern Street – SOLD1/27 Malvern Street – SOLDSeeking something brand new in a peaceful, natural setting, yet just minutes from the city, university, and hospital? The newly completed Sanctuary in the City development presents a rare opportunity to enjoy contemporary townhouse living in a tranquil riverside environment.Stage One comprises just eight thoughtfully designed townhouse-style homes, creating a boutique enclave that balances serenity, convenience, and quality. With only five remaining, demand has been strong, and future stages will be launching soon.Each residence offers spacious, light-filled interiors with two generous double bedrooms, both featuring their own ensuite bathrooms and large wardrobes. The open-plan kitchen, living, and dining space forms a welcoming heart of the home, finished with a calming contemporary palette, quality window treatments, and a stylish kitchen featuring composite stone benchtops and excellent storage.A guest powder room on the lower level adds everyday practicality, while a wide stairwell with feature timber side slats introduces architectural interest and a relaxed coastal feel. Keyless entry enhances modern convenience, with optional Mackenzie & Willis furniture packages available for a fully furnished solution.Sunny front decks extend the living outdoors, capturing outlooks across the Leith River or the north-west facing woodland that frames the site.Positioned right on the river’s edge, these homes offer a genuine sense of serenity. Unwind at the end of the day on your sun-soaked deck, accompanied by the gentle sound of flowing water — an enviable contrast to the convenience of having Otago University, Dunedin Hospital, and the city centre all within easy walking distance or a short drive, with nearby bus routes enhancing accessibility.These homes will appeal to a wide range of buyers, including parents seeking a high-quality, low-maintenance investment ahead of the 2027 university intake, professionals looking for an executive first home, those wanting a lock-and-leave lifestyle, or downsizers seeking a warm, modern residence within an established community.Built with longevity in mind, each home is backed by a 10-year Master Build Guarantee. Six of the eight residences include off-street parking, all are freehold titles, and there are no body corporate fees.This is a rare opportunity to secure a brand-new riverside townhouse, with only five remaining in Stage One and future stages launching soon.Please note: The photos and video of the furnished units are a mix of 5/27, 1/27 Malvern Street and 4/27Please note: not all of the homes have an off street park. 4/27 does have 1 off street park, as per our advertising.
Email enquiry to Otago Realty Group Ltd (Licensed: REAA 2008) - Bayleys
Property ID: 380066115477
Original Property ID: 42969980