Real Estate Australia

Holding income/add-value potential
AUCTION: Thursday 13-06-2024
4:00 pm  Deadline Sale

Property Location: 243 Hanover Street City Centre Dunedin - Dunedin - Otago

Listing Id: 67028615  

Land

Size: 528 Square Mtr Approx

Description: 243 Hanover Street represents a fantastic opportunity to purchase an ad-value central CBD property, sitting in a profile corner position with easy access to multiple arterial routes and amenities. The property is located on the corner of Hanover and Harrow Streets, accessible to a number of main arterial routes in the city, including, Anzac Avenue (State Highway 88), Cumberland Street (State Highway 1 Northbound), and Castle Street (State Highway 1 Southbound). The property also sits in close proximity to The University of Otago, the new (and existing) Dunedin Hospital sites, Forsyth Barr Stadium, and much more. The surrounding area is occupied by a range of different uses, including light industrial, trade, retail, office, and residential. The property is currently owner-occupied by the Otago Fish & Game Council who occupy the entire first floor and part ground floor of the building (and propose to lease back for a period of 15 months following settlement of the sale). The remainder of the property is leased to Window Treatments New Zealand Limited. The property also benefits from some on-site parking and the passing rental of $120,250pa plus GST. For sale by Deadline Private Treaty closing Thursday 13th June 2024 at 4pm (unless sold prior). Contact the nominated broker for more information.

Holding income/add-value potential
AUCTION: Thursday 13-06-2024
4:00 pm  Deadline Sale

Contact Colliers Queenstown Today!!!

Contact Dean Collins
Phone 027 499 0974

Property ID:67028615