197-199 Cumberland Street, Dunedin Central 9016
Located in the Historic Warehouse precinct on SHW 1 South Bound with 2 street frontages, this property consists of a ground floor commercial tenant with 2 levels of apartments above. Some units let for 2018 the property is returning approx $150,000 pa Gross. There are 6 apartments in total consisting of 2 and 3 bedroom units all in generally tidy order.
This warehouse precinct has benefited from a huge upsurge of redevelopment over the last few years with millions of dollars worth of redevelopment taking place in the surrounding buildings.
Land Tenure Leasehold.
For a full information memorandum please contact the exclusive agents.