107 Ronaldsay Street, Palmerston, East Otago

Development Opportunity

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107 Ronaldsay Street, Palmerston, East Otago

Development Opportunity

Commercial Sale

Deadline Sale

Closing 4pm Wednesday 13th July 2022

About

107 Ronaldsay Street, Palmerston, Waitaki, offers a freehold development opportunity in the heart of Palmerston, which once was the hub for local community meetings, concerts, movie viewings and social events.

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The premises are located on a freehold title of 800m2 (more or less) with a floor area of 510m2 (more or less) over two levels. The ground floor being formerly used as office/retail, and the upper level being a hall space with a stage and has been used as storage since the mid-’80s. This vendor offers vacant possession.
Located on State Highway 1, this site receives an estimated 6,000 vehicles passing each day. This property offers an excellent profile, and dual access positioned between Ronaldsay Street and Sandy Street, surrounded by other commercial mixed-use/residential premises. The site is business 2 zoned (general commercial) under the Waitaki District Council District Plan.
Built circa 1911, the premises are primarily in original condition. It is a two-level building at the front, with a single level to the rear.
Closing 4pm Wednesday 13th July 2022, at our Dunedin Office (578 George Street, Dunedin) - prior unconditional offers considered.
For viewings or any further enquiries, please contact Kane Bray on 021 082 99944 or email kane@edinburgh.co.nz.

property details +

Web iD: COMME1396
Approximate land area: 800m2
Approximate floor area: 510m2

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Agent

Kane Bray

Kane Bray

Commercial Consultant

Mobile: 021 082 99944