George Street opportunity

140 George Street, Central City

By Negotiation

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George Street opportunity | 140 George Street, Central City | 62422 |      X Close

George Street opportunity

Situated between two blue chip buildings, Westpac House and Farmers Department Store, this property is a desirable piece of real estate to own in a prestigious area of Dunedin.

The property contains a diverse mix of tenants. The ground floor retailers include Wild South, and Specsavers. The first floor is occupied by a specialist bookshop and a boutique travel agency. The top floor is tenanted by award winning photographer Alan Dove along with some of New Zealand's leading artists.

There are vacant tenancies on each floor. This building has opportunity stamped all over it. It is fabulously located and is of a size that its redevelopment will create a substantial property. It most likely will require some work to meet the seismic standards of the NBS but any redevelopment should be able to incorporate these requirements.

If converted the upstairs floors would be extremely popular as residential accommodation.

Here is an opening to secure a sought after investment in Dunedin's leading retail precinct.

Vendor is keen to field all inquiry and is quite realistic in his expectations.

For further information please call Robin Hyndman on 027 488 8450

Land 785sqm

Floor area 2690sqm

Zoned Central Activity

GV $2.75 million