Dunedin Central
Dunedin City

ID#408232
Listed about 1 year ago

PBN
SOLD
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Property Details

Location:
Dunedin City
Otago

Building
Land
Built In
N/A N/A

The subject property represents an excellent opportunity to acquire a long term tenanted investment in the popular inner city location of Dunedin.

The property sits in a profile corner position in a central location of Dunedin City. Tenants/businesses in the nearby area include Begg Security, Ricoh, VTNZ, Warehouse Stationery, Emersons Brewery, and the property is also located in close proximity to Otago University and Dunedin Hospital.

DuluxGroup have operated from the subject site since the late 1980s and recently completed refurbishments to the subject property.

Rental of approximately $60,000pa plus GST (with CPI rent review due 1 December 2017). Five year lease from (1 December 2016) with 2 rights of renewal of 5 years each.

The property sits on a freehold site of 5642 (more or less) with frontages to Hanover and Leith Streets, with good on site parking.

Sales Consultants

Dean Collins


Colliers International
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 03 474 0571
Mobile: 0274 990 974
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http://www.colliers.co.nz

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Ewen Livingstone
ewen.livingstone@open2view.com
021 1216516
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