73 St Andrew Street, Dunedin Central, Dunedin City

Heritage on St Andrew

73 St Andrew Street, Dunedin Central, Dunedin City

Heritage on St Andrew

Commercial Sale

Deadline Sale

Closing 4pm Tuesday 30th October 2018, at our Dunedin office (no prior offers)

About

A fantastic opportunity to secure this heritage building with loads of street appeal and character features including exposed brick and restored wooden floors.

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Dating back to the late 1890s, constructed for grain and wheat storage, this building has been carefully restored to a modern standard and earthquake strengthened, including a new roof, kitchen, facilities, foundations and electricals. A gated courtyard, cobbled areas and handmade wrought iron fittings make this a popular dining destination. A new commercial lease is in place, with the tenant covering operating expenses. Close to the new hospital site and new bus hub, it is located just off Dunedin’s George Street retail area. This is affordable investing at its best and premises like this are hard to find. Viewing by appointment only.

Vibrant inner-city investment property
Refurbished and earthquake strengthened 67% NBS
New lease in place returning $45,000 PA plus GST
CV $660,000 (1 July 2016)
Unit title (stratum in freehold)

Call Merrin now for more information 027 2020903.

property details +

Web iD: COMMB1018
Approximate land area: 270m2
Approximate floor area: 170m2

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Agent

Merrin Bath

Merrin Bath

Commercial Consultant

Mobile: 027 202 0903
Direct dial: 03 470 2549