Description
Situated on one of the two main arterial routes into the city from the South, this Freehold property is situated on the extremely popular Kaikorai Valley Road.
Property Highlights
• Prime Location: Situated an industrial zone yet offering ease of access to the rest of the city being on a main arterial route giving excellent visibility.
• A great mix of warehousing, large tar sealed yard and offices: Well-maintained
Rental potential to diversify income, or development
• Large footprint: 5056sqm more or less - Record of Title OT15D/5
• Modern Construction: Premises was built circa 2006
• Building Floor Area: Approximately 506sqm configuration:
Workshop 268sqm approx. with mezzanine: 34sqm approx.
Reception, offices and amenities 204sqm approx.
• Two Vehicle Exit Entry points: For ease of vehicle movement
• This property offers exciting possibilities for future development, allowing developers to capitalise on Dunedin's growing real estate market in a reputable location.
DCC Rating Valuation as at 1.7.22
Land Value: $1,570,000 Improvements: $280,000 Capital Value: 1,850,000
Zoning: Section 19, Industrial.
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