7A Factory Road, Mosgiel, Dunedin City

Prime Freehold Retail Mosgiel

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7A Factory Road, Mosgiel, Dunedin City

Prime Freehold Retail Mosgiel

Commercial Sale

$430,000 plus GST (if any)

About

Highly visible retail/service retail premises located at 7a Factory Road, Mosgiel and rarely available. The premises are positioned on a freehold title of 271m2 (more or less) with a floor coverage of circa 200m2 (more or less).

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With an open plan footprint including facilities to the right-hand side on entry including a kitchenette and two bathrooms, the premises were built in the 1960s and includes an area at the rear where two shipping containers provide additional floor space for retail or could be storage. Premises could suit a variety of uses. The premises are currently leased on a month to month returning $2,000 per month including GST. The engineering assessment records the building as being assessed at 78% NBS. Tenant enquiry welcome. Currently occupied by a novelty/giftware tenant – can be sold with vacant possession. Vendor has priced to sell and is registered for GST. Contact us now for more information.

features +

  • Suit owner occupier, or investor with a tenant in mind
  • Excellent location fronting Factory Road – highly visible
  • Potential rental income $25,000 PA plus opex plus GST
  • Engineering Assessment at 78% NBS
  • Zoning: 2GP, Principal Centre, Section 18, Commercial and Mixed Use

property details +

Web iD: COMMB1639
Approximate land area: 271m2
Approximate floor area: 200m2

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Agent

Merrin Bath

Merrin Bath

Commercial Consultant

Mobile: 027 202 0903
Direct dial: 03 470 2549