Prime CBD Investment!

    By Negotiation
    245 Cumberland St, Dunedin Central

    Features

    • Premium location
    • Carparks
    • Multi-use tenancies

    Description

    Rare opportunity to secure a large commercial investment on the one-way north, near the Octagon and the new Hospital build site!
    This grand heritage building has two levels of apartments (39 bedrooms over 11 apartments) fully tenanted for 2021, and the ground floor has 4 commercial tenants. Also included is a 20-car parking lot on a separate title.
    Originally constructed in the 1920's, the building has good bones with 100% structural rating, concrete floors and good natural light, providing excellent redevelopment potential and a robust income stream in the meantime.

    Contact us today to find out more!

    Property Data

    • 1923
    • 1419m² (0.1419 ha)
    • 2454m²

    Map

    Contact the Agent






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