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South Dunedin

220 King Edward Street, South Dunedin, Dunedin

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139sqm Land area SQM
260sqm Floor area
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Stylish investment property


This very attractive brick and tile corner property was designed by acclaimed architect, Basil Hooper for Thomas Smith in 1910 for his butchery shop Smith & Co.
The ground floor lends itself to an airy showroom and offices. Large plate glass windows provide excellent exposure. Upstairs is a three-bedroom apartment that the vendor is currently renovating.
With the ground floor vacant this is a wonderful opportunity for an owner/operator to live and trade onsite. Alternatively, the ground floor can be leased so that the building has two income streams for the canny investor.
This unique property will appeal to a range of purchasers including owner/operators, add value investors and developers.

Key features:
• Corner location on South Dunedin's main street
• Ground floor retail, first floor residential apartment
• Handsome building designed by acclaimed architect Basil Hooper
• NBS 45%

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all your property questions answered.


For Sale by Negotiation
Muir Gold

Muir Gold

Residential and Commercial Sales

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

Rachel Jones

Residential and Commercial Sales and Marketing

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

Robin Hyndman

Commercial Sales and Leasing

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

Features

Amenities


Surrounded by a range of food and drink options, The Warehouse, PAK'nSAVE and the South Dunedin retail precinct are all within a short walk.

Character building


Designed by acclaimed architect, Basil Hooper for Thomas Smith in 1910 as the Smith & Co butchery building.

Multi-use


The building has two separate tenancies: a three-bedroom apartment upstairs and a vacant showroom with offices downstairs.

Opportunity


This property will make for an ideal passive investment with income stream from two tenancies, or equally, as an owner/operator opportunity of living above and trading below.

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.

Property files

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