• Central city investment over three levels, seven car parks
• Profile intersection with double street frontage
• Recently strengthened 380sqm building with 70% NBS
• National commercial tenant and annual residential rental increase upside
Well presented split commercial and residential investment in a central CBD area that has been experiencing keen investor interest.
320 Moray Place is within close proximity (birds eye view) of the new Dunedin Hospital site and on the doorstep of the recently completed central city transport hub and Countdown supermarket. Five to ten minutes walk to Otago University.
The ground floor and car parks are occupied by the New Zealand Racing Board (TAB). Seismic strengthening and building upgrades were undertaken in 2017/18 bringing the building up to 70% of NBS.
A tidy investment - call now for more information.
Investment Type: Tenanted Investment
Commercial Type: Retail, Other
No of Car Parks: 7
Retail Area (sqm): 286
For Sale Available from: 15 Aug 2019