191 -193 Main South Road, Green Island, Dunedin City

Stand-alone Commercial Premises

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191 -193 Main South Road, Green Island, Dunedin City

Stand-alone Commercial Premises

Commercial Sale

$690,000 plus GST (if any)

About

Rarely available, this stand-alone commercial property opportunity provides an astute investor the ability to purchase this property being marketed for sale in Dunedin’s Green Island. This is a growing suburb in Dunedin’s greater metropolitan area with other significant commercial developments underway

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191-193 Main South Road, a stand-alone commercial property on one freehold title of 1,502m2 (more or less) fully leased, returning nett $54,320 PA plus outgoings plus GST.

The total nett income is $54,320 PA plus GST (where applicable).
Vendors are registered for GST.

features +

  • Substantial Green Island property holding available for acquisition on one freehold title
  • Up and coming area with other commercial developments in pipeline
  • Currently leased as one commercial premises, plus an ATM lease (has been split tenancies in the past)
  • Lease renewed for three years, with further rights of renewals (final expiry 31 March 2036)
  • Zoning: 2GP, Principal Centre, Section 18, Commercial and Mixed Use

property details +

Web iD: COMMB1578
Approximate land area: 1502m2
Approximate floor area: 300m2

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Agent

Merrin Bath

Merrin Bath

Commercial Consultant

Mobile: 027 202 0903
Direct dial: 03 470 2549