Rare Corner Property Investment
- SH1 Corner Site
- Three tenancies
- Plenty of carparks
- New ground lease
- North Facing
- 2097m² (0.2097 ha)
- 2056m²
- Property IM
- LIM Report
- IEP Report
- Request Documents
- Multi-tenanted site with vacancy
- Redevelop or keep tenants longterm
- Good Upside
- Excellent Configuration
- Freehold Industrial Investment
- Carparking and Yard
- National Tenant
- Rent Upside
By Negotiation
115 Crawford St, Dunedin Central
Features
Description
This quality leasehold commercial site is on the busy corner of State Highway 1 Crawford St, Police St, and Vogel St.
Has three tenancies being Repco, Gallaway Cook Allan, and Let's Go Fitness.
Zoned CBD Edge Commercial South which provides flexibility in terms of future use.
Rated at approx 70% NBS from a recent IEP report.
New 21 Year perpetually renewable ground lease recently set for the next 7 years.
Generating approx $175,209 per year net (after all outgoings and ground rent) plus GST, this property is a strategic investment with great fundamentals including:
- approx 23 carparks
- Excellent natural light
- Respectable NBS rating
- Well-known tenants
- North-facing
For sale by negotiation. Please contact the sole agents for more details including an information pack or to arrange viewing.
Has three tenancies being Repco, Gallaway Cook Allan, and Let's Go Fitness.
Zoned CBD Edge Commercial South which provides flexibility in terms of future use.
Rated at approx 70% NBS from a recent IEP report.
New 21 Year perpetually renewable ground lease recently set for the next 7 years.
Generating approx $175,209 per year net (after all outgoings and ground rent) plus GST, this property is a strategic investment with great fundamentals including:
- approx 23 carparks
- Excellent natural light
- Respectable NBS rating
- Well-known tenants
- North-facing
For sale by negotiation. Please contact the sole agents for more details including an information pack or to arrange viewing.
Property Data
Property Documents
Map
Contact the Agent
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