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South Dunedin - Dunedin City

11-15 Timaru Street, South Dunedin, Dunedin City, Otago

  • Floor 1626m²
  • Land 3112m²

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Rare Opportunity - Vacant Possession - Industrial

11-15 Timaru Street represents a rare opportunity to purchase a large freehold industrial property located in an excellent position with corner profile, in an established industrial/trade location.

The property is located on the corner of Timaru Street and Turakina Road, and is situated in close proximity to both Andersons Bay Road and Portsmouth Drive (both main arterial routes into Dunedin CBD). The property is located in a prime location being surrounded by well-known and established businesses including Mitre 10 Mega, Southern Motor Court, Bunnings, Viridian Glass, Countdown, The Warehouse, Stephen Duff Mitsubishi, Foodstuffs, and many more.

The property is offered to the market with vacant possession (Expiry of current lease is the 27th March 2022) and would be an excellent opportunity for an owner occupier or an investor looking to re-lease to a new tenant.

The building on site comprises of an industrial building built in the mid 1990's (approx), and provides a mixture of warehouse (with canopy), offices and amenities. The property also benefits from excellent roller door access and generous yard and parking areas.

The site consists of two freehold titles with a total land area of 3,112m2 (more or less).

For Sale by Auction to be held on Thursday 24th February at 11am (unless sold prior).

Property Details

Ref

  • 67017661

Property type

  • Industrial

Floor area

  • 1626 sqm

Land area

  • 3112 sqm

Location 11-15 Timaru Street, South Dunedin, Dunedin City, Otago

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Dean Collins

Dean Collins

Commercial Broker

Dunedin Office

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