MAIN STREET INVESTMENT - COMMERCIAL/RESIDENTIAL TENANCY MIX

363 George Street, Dunedin

Investment / Residential / Retail For Sale

For Sale by Deadline Private Treaty closing at 4.00pm Friday, 22 Feb 2019 (Unless sold prior)    Tenanted Investment
Land Area: 136.00 m2.    Floor Areas: 150.00 m2 to 160.00 m2.    

Description

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 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.

To view the 3D Tour, please click here

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

https://vt.plushglobalmedia.com/tour/TT15YMMD1T/embed?preview=319b39e0d1bc59935b5433d588345ec0

Features

  • George Street location
  • Net rental $53,923pa (approx)
  • First floor residential
  • Recognised neighbouring businesses
  • 2 tenancies

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