The subject property represents an excellent opportunity to acquire a quality tenanted investment in a popular area of Dunedin.
The subject property is located on King Edward Street, South Dunedins main retail strip, with an additional frontage at the rear to Glasgow Street (access to the carparking is from Glasgow Street). The immediate surroundings include mostly retail tenants. The wider area includes a number of larger national tenants located on the nearby Andersons Bay Road such as Mitre 10 Mega, Countdown, The Warehouse, Smiths City, and many more.
The subject property is occupied by ANZ and was initially built as a National Bank.
The property sits on a freehold site of 1,023m2 (more or less) with frontage of approximately 15.1 metres to King Edward Street and approximately 24.6 metres to Glasgow Street. The building on site has a floor area of approximately 389m2.
The subject property also benefits from good on-site car parking (approximately 15 parks) and has an assessed structural rating of 100% NBS.