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South Dunedin

165 King Edward Street, South Dunedin, Dunedin

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470sqm Floor area
1,023sqm Land area SQM

Asking Price NZ$1,450,000 + GST

 (if any)

ANZ Bank tenant in attractive investment property


This is a notable opportunity to acquire a modern building with heavyweight international tenant in King Edward Street, South Dunedin.
The 1,013sqm flat property is located in the middle of the retail strip of the South Dunedin retail precinct.
The building is of masonry with iron roof construction of the 1980s. It was built by the then National Bank and is very purposeful for the tenant.
There is a 15 space onsite carpark accessible from Glasgow Street at the rear.
With the retrenchment of banks generally, the South Dunedin branch is one of the only two ANZ Banks within Dunedin. The onsite car park is particularly appealing to the bank as it allows convenience for ANZ customers from around the whole city.

Muir Gold

Muir Gold


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

Robin Hyndman


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

Features

Good lease


Bank has rights of renewal through to 2041

Modern building


Built in 1980s - concrete construction with iron roof, sound

National tenant


ANZ Bank - longstanding tenant

Onsite car parking


15 car parks at the rear of the property - convenience for bank customers