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Kaikorai

433 Stuart Street, Kaikorai, Dunedin

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415sqm Floor area
1,503sqm Land area SQM

For Sale by Negotiation

International Anchor Tenant


New market brings opportunities, are you looking to acquire a strategic investment? This freehold property with strong profile and high traffic count offers a diversified income structure, with three separate commercial tenants, including international brands Subway and Domino's.
The site has a total land area of 1503sqm, which accommodates two buildings with a combined floor area of 415sqm (approximately) and 22 freestanding car parks. With dual access off Stuart Street and Kaikorai Valley Road, the 94m (more or less) street frontage ensures the commanding corner site benefits from huge exposure. 433 Stuart Street has a rental return of $105,400 per annum + GST and an NBS of 69%+.
Quality investments are rare in this market so don't delay in requesting further information.

Adrian Cashmore

Adrian Cashmore


Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Car parking


22 onsite car parks

Location


Prime city fringe location

Multi-tenanted


Subway, Domino's, and Divya Palace