Prime CBD Investment!
- Premium location
- Carparks
- Multi-use tenancies
- 1923
- 1419m² (0.1419 ha)
- 2454m²
- Commercial Investment
- Options with fully specced Apartment
- High NBS Rating
- Be Your Own Landlord
- Excellent Profile & Location
- High-Spec vacant office space
- Tenanted Ground Floor (6 year term)
By Negotiation
245 Cumberland St, Dunedin Central
Features
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!
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
Map
Contact the Agent
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