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.
This property is for sale by Deadline finishing 10th June at 3pm. Prior offers considered.
Contact the sole agents today for more information or to make a time to inspect.