Central City
17 Vogel Street, Central City, Dunedin
Asking Price NZ$1,185,000 + GST
(if any)
Attractive investment in Warehouse Precinct
The building is located in the very popular Warehouse Precinct, an area that has undergone a complete gentrification in recent times. It is now a bustling inner city commercial and residential area made attractive by the Victorian architecture.
The building has two street frontages. Cumberland Street is State Highway 1 and Vogel Street is a character filled space which typifies the precinct's virtues.
The property consists of six residential apartments on the two upper floors and a ground floor commercial tenancy which incorporates a basement. The apartments are very much New York style - spacious and character filled with rustic charm. They are very popular with tenants.
Two separate buildings on two lots within single title.
Leasehold tenure.
Robin Hyndman
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Add value
Ability to add further accommodation on the upper storey
Character building
The apartments are very much New York style - spacious and character filled with rustic charm
Location
Highly sought after Warehouse Precinct
Passing income
Six handsome and ever popular apartments together with long standing commercial tenant
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Property files
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