Dunedin Central - Character Investment on St Andrew

Description

This is a fantastic opportunity to secure a central city character investment property. Significantly refurbished, the building has been earthquake strengthened to 67% NBS and developed to a modern standard. Quality premises are in demand and would suit an investor looking to enter the commercial property market.
Just off George Street, and close to the new hospital build site, premises have a stunning courtyard for outdoor dining/drinks, character features including exposed brick and is a popular bar/restaurant location. Strong lease in place returning $46,000 PA plus GST. Premises are situated on a 530m2 (more or less) site, this property (unit title) sits on 270m2 (more or less) with a common area of 52m2.
Viewings by appointment only. For a full information memorandum contact Merrin Bath

• CBD character commercial investment
• Refurbished and earthquake strengthened 67% NBS
• Strong lease in place returning $46,000 PA plus GST
• Unit title premises (stratum in freehold)

Deadline Sale - closes 4pm Thursday 19th March 2025 (unless sold prior)