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Edinburgh Way Block - Retail Opportunity

363 George Street, Dunedin Central

Industrial Buildings
dollar

$795,000 Plus GST (if any)

Floor area
160m2
Land area
136m2
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Property details

Listing # 211635 | Listed on 13 April 2022

The property sits in a prime position within Dunedin's 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 part of a body corporate with four unit holders, and a unit title area of 136m2 (more or less).

The property is fully leased, 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 truly unique purchasing opportunity.

Contact the nominated broker today for more information or to view.

For sale at asking price of $795,000 plus GST (if any)

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