205 - 220 Crawford Street, Dunedin Central, Dunedin City

Substantial CBD Development Opportunity with holding income

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205 - 220 Crawford Street, Dunedin Central, Dunedin City

Substantial CBD Development Opportunity with holding income

Commercial Sale

By Negotiation

About

Secure this prime development opportunity – on a footprint of 3,530m2 (more or less), with three street frontages on Crawford, Vogel and Wolseley Streets and substantial holding income. Positioned within a stone throw of other bulk retailers Briscoes, Rebel Sport to name a few. The properties are situated on large-scale retail (CBD edge commercial south under the 2GP). Eight tenancies with a gross holding income of approximately $370,000 PA plus GST. Leases have development clauses in place. Premises positioned over five titles of leasehold tenure. Develop at your leisure or enjoy the holding income. Enquire now for a full information memorandum please contact Merrin Bath Ph 0272020903 merrin@edinburgh.co.nz

property details +

Web iD: COMMB1535
Approximate land area: 3530m2
Approximate floor area: 3500m2

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Agent

Merrin Bath

Merrin Bath

Commercial Consultant

Mobile: 027 202 0903
Direct dial: 03 470 2549