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The subject property represents an excellent opportunity to purchase a profile industrial investment, located in a prime corner position in the central Harbour Basin industrial area of Dunedin.
The leasehold site of 3,170sqm (more or less) sits in a prime central industrial location on the corner of Devon and Sturdee Streets, in close proximity to the Thomas Burns Street roundabout, a main junction connecting the Harbour Basin industrial area to central Dunedin, South Dunedin, and a number of main arterial routes. The property is surrounded by a number of recognised businesses including Delta, Aurora, Steel & Tube, Farra Engineering, ETCO, CHEP, Hall Bros, and many more.
There are 2 tenants on site, with TDX occupying the property known as 7 Sturdee Street and Good Hardware within 8 Devon Street. The total annual net rental for the tenancies amounts to $79,756pa (approx) plus GST.
The property is offered for sale at $1,150,000 plus GST (if any).
Contact the nominated broker for more information.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.01 km | 3 | 1 | 110m2 | 2024年05月07日 | $650,000 | Council approved | |
 | 0.33 km | 3 | 1 | -m2 | 2024年05月04日 | $490,000 | Council approved | |
 | 0.58 km | 5 | 2 | 304m2 | 2024年01月30日 | $885,000 | Council approved | |
 | 0.73 km | 1 | 1 | -m2 | 2023年12月21日 | $380,000 | Council approved | |
 | 0.06 km | 2 | 1 | -m2 | 2023年12月19日 | $505,000 | Council approved |