South Dunedin
220 King Edward Street, South Dunedin, Dunedin
+31
Character, multi use, newly renovated apartment
Designed by acclaimed architect Basil Hooper, this attractive character building has recently undergone significant refurbishments. It now offers a light-filled commercial space on the ground floor and a newly renovated three-bedroom apartment on the first floor.
Key features include:
• Prominent corner site in the heart of the South Dunedin shopping precinct, ideal showroom or office space
• Commercial ground floor space has excellent street frontage
• Newly renovated 3-bedroom apartment with contemporary finishes, new carpets and paint throughout. (rental appraisal at $600-$630 per week)
•Upgraded fireproofing, including updated wiring and electronic monitoring systems
• NBS 45%
An exciting opportunity for a range of potential purchasers to acquire a well situated property delivering multi income stream potential.
Please contact one of our team for further information and viewing options.
Muir Gold
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Rachel Jones
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.
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Property files
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