139 Moray Place, City Centre Dunedin, Dunedin City, Otago

^Floor 1724m²
^Land 1088m²

Sold

High Profile CBD Investment with Anchor Tenant

139 Moray Place offers a number of key fundamentals often searched for with commercial investments in Dunedin but seldom found.

• Multi tenanted (Polson Higgs along with 2 ground floor tenancies (one vacant))
• Polson Higgs have committed to a long lease (current term through to July 2029)
• Currently rental income of $329,000pa plus GST
• 11 Car parks on site
• Freehold site of 1,088sqm (more or less)/Zoned Central Business District (2GP)
• 100% seismic rating (IEP assessed)

This is an excellent opportunity for investors to acquire a freehold investment in an prime corner CBD position. The anchor tenant Polson Higgs - Accountants have been in occupation for over 25 years. This is well located and well tenanted and has further rental potential.

For Sale, $4,800,000 plus GST (if any).