Land bank with holding income

205-260, Crawford and Vogel Streets, City Centre, Dunedin

By Negotiation

Proposed Usage
Development Site
Land Area
3529.00 m²
Description:
Property ID
1c65g2c

Develop this 3,529sqm (more or less) site or purchase leaseholder's interest to provide for a land bank. Opportunity awaits here for a developer who can see potential in this large scale retail development site. Located around three street frontages the current tenants are returning net income of $142,277 and all leases have a six (6) month demolition clause. Leasehold tenure. Enjoy the holding income whilst planning this development. The adjacent area is tenanted with Rebel Sport, Briscoes, Big Save Furniture and more.

Call now for more information or to arrange a viewing.

Agent details:

Robin Hyndman

027 488 8450.

Enquire about this property

City Centre Area