Grab this Industrial Investment Property!

    $1.245 million + GST (if any)
    57 Broughton St, South Dunedin

    Features

    • Freehold Industrial Investment
    • Carparking and Yard
    • National Tenant
    • Rent Upside

    Description

    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.

    Property Data

    • 890m² (0.089 ha)
    • 572m²

    Property Documents

    Map

    Contact the Agent






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