The subject property represents a fantastic opportunity to purchase a prominent property on Stuart Street (just off The Octagon). The Octagon is considered to be the centre of the Dunedin CBD and popular with eateries, bars, nightlife and boutique retailers.
The property sits in a prime central location on Stuart Street, surrounded by a number of well recognised businesses including Bacchus, Emerson's Brew Bar, Vault 21, The Perc, Velvet Burger, Prohibition Smokehouse, Regent Theatre, Reading Cinemas, Dunedin Art Gallery, Dunedin Town Hall, and many more. The property also sits in close proximity to Princes Street, The Exchange, Moray Place, Toitu and the Meridian, Golden Centre and Wall Street Malls.
There are 3 commercial tenancies that occupy the ground floor and basement level of the building.
Net rental of $110,540.32pa* plus GST (approx).
This freehold offering is offered for sale at $1,460,000 plus GST (if any).
