79 Princes Street, Dunedin Central, Dunedin City

Character with Potential on Princes/Moray

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79 Princes Street, Dunedin Central, Dunedin City

Character with Potential on Princes/Moray

Commercial Sale

By Negotiation

About

Highly visual character premises positioned on the corner of Princes Street and Moray Place is seeking new owners. With an anchor tenant, Tradestaff on the ground floor who have recently signed a new lease providing an excellent holding income, the first floor is vacant, and the top floor is leased by a yoga studio. This heritage building, known as UFS Building was built in the early 1900s and remained a dispensary for some time right through to the early 1990s with some further modernizations to the fit outs in the premises. This property presents a unique opportunity for a purchaser to retain as is, develop in time, or occupy.

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The zoning for this property under the 2nd Generation District Plan is Section 18, Commercial and Mixed Use, Central Business District. Any prospective purchaser should seek their own advice on their intended development/ occupation of the premises. The Vendor is registered for GST – therefore any sale will be plus GST (if any).

For a full information memorandum please contact Merrin Bath Ph 0272020903

property details +

Web iD: COMMB1509
Approximate land area: 159m2
Approximate floor area: 480m2

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Agent

Merrin Bath

Merrin Bath

Commercial Consultant

Mobile: 027 202 0903
Direct dial: 03 470 2549