203 Main South Road, Green Island 9018
Affordable suburban investment property. Four tenants on various lease terms. Current net income is approximately $27,000 plus GST. The building has recently been painted and is in generally good order.
Large undeveloped loft area above the shops leaves further potential for development and increased revenue. Parking at rear of building along with two garages and lock-up yard.
Chattels include two heat pumps and walk-in chiller.
Green Island is a bustling little suburb of Dunedin and has few vacancies. The vendors are keen to achieve a sale and with deposit rates at banks at an all time low we believe the final sale price will represent an excellent return for the investor.
Tenders Close at 4.00pm on the 11th of February at our offices. (709 Great King Street).
Inquires and information memorandum from the exclusive agents