Built for a successful Dunedin businessman in the early 1900s, this grand homestead known as "Aorangi" has been extensively refurbished and beautifully upgraded to now provide luxury level boutique accommodation through the business known as "St Leonards Lodge". Situated on 4,700m2 immediately above the Otago harbour, the lodge offers a wonderfully unique home and lifestyle proposition with the opportunity to generate significant income via graciously appointed, luxury en-suited rooms, together with separate owner's accommodation - a total floor area of 590m2. Features include purpose built cigar room with full size billiard table, beautifully landscaped with dry stone walling, external fireplace and entertainment areas, asphalted tennis court, games shelter and glass day house all with magnificent views across the harbour basin to the landmarks of the Otago Peninsula. Also viewable at www.stleonardslodge.co.nz.

Price $2,000,000 plus GST. Can be sold as a going concern by negotiation.