PRIME INVESTING - OCCUPIED BY ANZ

165 King Edward Street, South Dunedin

Investment / Office / Retail For Sale

For Sale    Tenanted Investment
Land Area: 1,023.00 m2.    Floor Area: 389.00 m2.    

165 King Edward Street

Description

The subject property is located on King Edward Street, South Dunedin’s main retail strip, with an additional frontage at the rear to Glasgow Street (access to the carparking is from Glasgow Street). The immediate surroundings include mostly retail tenants. The wider area includes a number of larger national tenants located on the nearby Andersons Bay Road such as Mitre 10 Mega, Countdown, The Warehouse, Smiths City, and many more.

The subject property is occupied by ANZ and was initially built as a National Bank.  

The property sits on a freehold site of 1,023m² (more or less) with frontage of approximately 15.1 metres to King Edward Street and approximately 24.6 metres to Glasgow Street. The building on site has a floor area of approximately 389m². 

The subject property also benefits from good on-site car parking (approximately 15 parks) and has an assessed structural rating of 100% NBS. 

For sale at $1,350,000 plus GST (if any). 

Features

  • Land area 1,023m2 (more or less)
  • Rental of $99,291pa plus GST
  • High profile position
  • Rights of renewal until 31 August 2041
  • Purpose built bank
  • Freehold tenure
  • Zoned Local Activity 1

Map

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