The subject property represents a unique opportunity to purchase a prominent property in the central 'Golden Block' on George Street, the prime retail location in Dunedin City. The property is currently vacant which opens up options to a wide range of different purchasing groups - developers, owner occupiers, or tenants.
The property sits in a high profile location within the 'Golden Block' on George Street, Dunedin's main street, surrounded by a number of well recognised businesses including 2 Degrees, Amazon, Mountain Warehouse, Glassons, Hallensteins, Noel Leeming, McDonalds, and many more. The site also sits directly opposite the Meridian Mall, and in close proximity to the Golden Centre and Wall Street Malls. The property poses a rarely available purchase opportunity within the 'Golden Block'.
The property consists of one freehold title with a land area of 129m2 (more or less). The building has recently undergone earthquake strengthening to an assessed NBS rating of 100%.
Seldom do add-value opportunities in locations such as this come available for purchase in the local market.
For sale by Deadline Private Treaty closing Wednesday 30 September 2020 at 4pm (unless sold prior).
Contact the nominated broker today for more information.