Dunedin Properties for Sale

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216 King Edward Street

216 King Edward Street Otago
proudly marketed by
Edinburgh Realty LTD MREINZ
An excellent opportunity for an astute investor to secure this high profile, prime corner site comprising a stand-alone single level building occupied by Westpac Bank combined with exclusive on-site parking for 13 cars. Positioned on two freehold titles, this site offers an enviable location given its profile to King Edward Street and access to parking from McBride/Rankeilor Streets. Premises have a NBS of 70% and are well maintained. This area is popular with service-based businesses enjoying high foot traffic, on street parking and a nearby new development attracting high quality tenant interest. Current lease in place returning $112,500 PA plus opex plus GST. This is a well-located corner site, rarely available, offering future options with commercial/mixed use zoning under the 2GP. Enquire now for a full information memorandum. Viewing by appointment only.
Upload by Ewen Livingstone
Otago and Southland
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