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HIGH PROFILE INVESTING - Deadline Brought Forward
76 King Edward Street represents an opportunity to purchase a high profile trade unit leased to a well known tenant in the established area of South Dunedin.
The property is located in an excellent position being situated in a high profile corner position on King Edward Street, on route to Dunedin CBD. The property poses a unique opportunity to purchase a prominent property with a number of quality fundamentals investors often look for but struggle to find in the local Dunedin market.
Leased to Trademax with an annual rental of $84,000pa plus GST and outgoings, on a lease with a 5 year term (from 30-Sep-2019) followed by one further right of renewal of 5 years (final expiry date of 30-Sep-2029).
Land area of 1,196m2 (more or less).
Deadline Brought Forward. This freehold offering is offered for sale by Deadline Private Treaty closing Tuesday 16 February 2021 at 4pm (unless sold prior).
Contact the nominated broker for more information.
Property Details
Ref
- 67013516
Property type
- Industrial
Floor area
- 703 sqm
Land area
- 1196 sqm
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Location 76 King Edward Street, South Dunedin, Dunedin City, Otago
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