This exceptional mixed-use freehold property offers a rare investment opportunity in the heart of Dunedin's CBD. Strategically positioned near the corner of George Street and St Andrew Street, the building combines commercial and residential income streams with strong returns.
Location Highlights
Prime CBD position with unbeatable convenience:
• Steps from the newly refurbished shopping precinct including the three major shopping malls (Golden Centre, Meridian Mall, Wall Street Mall)
• 5 mins walk to The Octagon
• Walking distance to the new Hospital Build and Otago University
Property Configuration
Ground Level: Commercial First term to October 2030 with 5 rights of renewal - 3 years each.
Upper Levels: 3 Residential Tenancies with 2 of these tenancies leased until December 2026 and the Vendor occupying the other apartment.
Land area: 241sqm more or less | Floor Area: 540sqm more or less
Don't miss this opportunity to acquire a cornerstone CBD asset with robust returns and excellent long-term prospects.
Contact us today to request an Information Memorandum