An outstanding strategic opportunity.
Spanning approximately 3,465sqm, the site offers freehold tenure and is strategically located alongside key areas of Dunedin undergoing substantial commercial development. Situated next to the University of Otago, Otago Polytechnic, Forsyth Barr Stadium and the iconic Emersons Brewery, the coveted location of this site will be desirable to a wide range of potential developers and investors.
With a wide 86 sqm frontage onto Ravensbourne Road (SH 88) and situated in the Princes, Parry, and Harrow Street Zone, the site provides a rare opportunity for diverse utilization in a high profile location. Under the 2GP, zoning allows for the development of visitor accommodation, assisted living, industrial, hospitality, education and inner city residential, making this site an outstanding potential investment.
The site's advantageous zoning and freehold tenure make it an appealing choice for developers looking to make a mark in Dunedin's premier academic and sporting precinct. With a significant shortage of appropriately zoned land in the CBD, this prominent Anzac Ave site is a valuable find, with unparalleled potential for significant development.
