This freehold industrial property with great profile is located on the corner of Broughton St and Macandrew Rd in South Dunedin. Its relatively modern build boasts a large trade retail showroom, plenty of offices and amenities, a store area, good carparking. The first floor offices are set up to be a separate tenancy if desired.
The existing tenant Russet Engineering is a national business and has leased the building since it was built in 1995. There is a lease renewal later this year for a single 2-year period with no further renewals, so this property could be an opportunity for an owner to buy now and occupy later - or an investor to purchase, renovate on the tenant vacating, and enjoy the upside on the re-lease.
Available on an 'as is, where is' basis.
Contact the sole agents today for more information or to make a time to inspect.