Discover this exceptional freehold property situated in the prestigious blue-chip suburb of Roslyn, just minutes from the vibrant Roslyn Village and a short 5-minute drive to Dunedin's central shopping area and CBD. The building, constructed in 2008, features a two-level Medical Centre and a two-bedroom apartment, offering diversified income streams.
Key Highlights:
• Prime Commercial Tenant: Medical centre with potential long-term lease until December 31, 2049.
• Residential Component: Well-maintained two-bedroom apartment above Medical Centre.
• Total Net Rental Income: $86,796.81 plus GST.
• Additional Features: 5 off-street carparks for medical centre, 1 for apartment, plus carport and single garage.
• Future Development Potential: Zoning allows for residential development.
• Lifestyle Option: Investors can utilise the residential unit as a personal base in Dunedin while benefiting from the stable income of the medical centre tenancy.
Investment Advantages:
o Diversified Income: Mix of commercial and residential tenancies.
o Long Term Stability: Potential 20-year lease with medical centre.
o A Grade Tenant Covenant: Highly desirable, reducing investment risk.
o Prime Location: Situated in an affluent area with appreciation potential.
o Development Opportunity: Zoning allows for future residential projects.
o Low Maintenance Building: Constructed in 2008.
With anticipated growth in Dunedin due to new developments, this property presents a unique blend of convenience and investment potential. Don't miss your chance to secure a stake in Dunedin's evolving economic landscape!
Tenders closing at 12 noon on Thursday 21 November 2024 with prior unconditional offers considered.
For enquiries or to schedule a viewing, contact us today!
