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Value Add Opportunity - Mosgiel - Holding Income
13 Gladstone Road represents a unique opportunity to purchase a prominent property with value-add potential the established industrial area of Mosgiel, Dunedin, with holding income.
The property is located in an excellent position being situated on the corner of Gladstone Road, McGlashan Street and Gow Street the established industrial area of Mosgiel. 13 Gladstone Road poses a unique opportunity to purchase a prominent industrial property with excellent profile and situated in close proximity to the State Highway 1.
The property is available for sale on a short term leaseback basis to the current Vendor, whereby the property will be sold with a Lease in place on the settlement date.
The owner occupier/tenant are relocating to a larger facility in Dukes Road (currently under construction), after decades on the subject site.
The property consists of one freehold title with a land area of 3,839m2 (more or less).
For sale by Deadline Private Treaty closing Wednesday 2 September 2020 at 4pm (unless sold prior).
Contact the nominated broker for more information.
Property Details
Ref
- 67011406
Property type
- Industrial
Floor area
- 1165 sqm
Land area
- 3839 sqm
Video
Location 13 Gladstone Road, Mosgiel, Dunedin City, Otago
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