Commerce Building, 2 Dowling Street, City Centre Dunedin, Dunedin City, Otago

^Floor 1083m²
^Land 408m²

Sold

COMMERCE BUILDING - STATE HIGHWAY 1 PROFILE

The property is located in an excellent position being situated on the corner of Dowling and Burlington Streets, a corner site fronting State Highway One, with a great outlook over Queens Gardens.

The Commerce Building poses a unique investment opportunity to purchase a prominent commercial property within the CBD, which is a well maintained and earthquake strengthened character building with excellent profile situated close to the proposed new hospital site, The Octagon, The Exchange, the Warehouse Precinct, and much more. The building has also been earthquake strengthened and has the added benefit of having diverse income streams coming from the buildings multiple tenants.

Total rental income of approximately $175,565pa plus GST (producing a net rental approximately $143,110pa plus GST).

For sale at $2,050,000 plus GST (if any). .

Contact the nominated broker for more information.