363 George Street,
MAIN STREET INVESTMENT - COMMERCIAL/RESIDENTIAL TENANCY MIX
363 George Street represents a unique opportunity to purchase a multi tenanted investment in a prominent central location on the Edinburgh Way block of George Street (Dunedins Main Street).
The property sits in a prime position within Dunedins CBD, situated on George Street and within close proximity to Dunedin Hospital and University of Otago, and surrounded by a number of well recognised businesses including, Velvet Burger, Pita Pit, Ruby, Kiki Beware, The Good Oil, Tokyo House, and many more eateries and boutique retailers.
363 George Street has a frontage to George Street of approximately 5.25 meters.
The subject property is a two storey building, with a separate building and courtyard to the rear, and comprises of residential tenancy on the upper floor and retail on the ground floor.
The property is fully occupied, with a total rental of approximately $55,575pa plus GST coming from the two tenancies.
Seldom do properties such as this come available for purchase in George Street, this represents a unique purchasing opportunity.
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Contact the nominated broker today for more information or to view.