The property is located in a high profile position on the corner of Teviot Street and Portsmouth Drive in what is known as The 'Southern Endowment' Industrial area of Dunedin. Portsmouth Drive is one of the main arterial routes from the Peninsula and Bay residential areas into Dunedin's CBD and has high traffic volumes. The property is located in an area which continues to prove popular for industrial and trade type tenants, some of which include Bunnings, Mitre 10 Mega, Placemakers, PBT, Mico's, Turners Car Auctions and many more. The surrounding area has experienced some significant development in recent times.
Easy access to the site with three vehicle entry/exit points and excellent on site parking.
Rare opportunity, seldom do Freehold opportunities such as this come available for purchase with development potential in a high profile and popular location of Dunedin.
Owner occupier/development opportunity - Vacant possession gives the opportunity for owner occupiers/developers to develop the site to suit their requirements.
The building was originally built in the 1980's as a chiller facility and comprises a total floor area of approximately 3,240m². The subject site has an approximate frontage of 103 metres to Portsmouth Drive.
For Sale, By Deadline Private Treaty closing 4.00pm Wednesday 15th March 2017 (unless sold prior) - being sold with vacant possession 'as is where is'.
Contact our nominated broker below for further details and to arrange a suitable time to view.
Features: * Land area of 8,428m² (more or less); * Zoned Industrial 1; * High profile corner site; * Freehold Tenure;