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10B Strathallan Street represents an opportunity to purchase a modern freehold industrial property leased to a well known tenant on a long lease in the prime industrial area of Dunedin.

The property is located in an excellent position and benefits from access to both Strathallan Street and Otaki Street, and situated in close proximity to prime Andersons Bay Road and Portsmouth Drive.

The premises is leased to Impact Roofing and Plumbing Limited with an annual rental of $73,000pa plus GST and outgoings, on a lease with a 6 year term (from 1-Nov-2021) followed by one further right of renewal of 6 years (final expiry date of 31-Oct-2033).

The building was constructed in approximately 2005 and is located in an area popular with national industrial and trade tenants.

The site consists of one freehold title with a land area of 1,060m2 (more or less).

For sale by Deadline Private Treaty closing Wednesday 8th December 2021 at 4pm (unless sold prior).

Contact the nominated broker for more information.
  • 07/12/2021
  • Contact our experts for details on this transaction.