Stand-alone Commercial Premises

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

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).
• 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

Vendors are registered for GST.