Business down and apartment up in Port Chalmers

Here is a wonderful opportunity. Located in the main street of desirable Port Chalmers this property contains a two storey brick building.
Downstairs is leased to a second hand bookshop operator with net rental of $10,416 plus GST, if any per annum. The vendor currently occupies the upstairs apartment. It is a spacious, well appointed three bedroom/two bathroom apartment with large living areas and enclosed balcony. Double garage with other off-street parking. There is a large storage area/workshop. All well maintained and the property provides for comfortable downtown living in attractive Port Chalmers.
This property will be of interest to a range of buyers including owner/operators whom are looking to be in-trade in a well located, main street premise together with living onsite in a comfortable residence.
Some buyers will be attracted to the lifestyle the apartment provides and enjoy the income from leasing the ground floor premises.
Other buyers, investors, will be attracted by the well located, sound building which can provide dual income streams of commercial and residential leases.
Port Chalmers is a popular Dunedin suburb with all amenities including a supermarket, cafes, retail, hotels etc. It is a thriving port with a busy cruise ship summer season. It has numerous craft and creative arts businesses and is a popular tourist destination.
Please do contact us for further information.

Additional Features

  • Investment Type: Tenanted Investment

  • Commercial Type: Retail

  • No of Car Parks: 2

  • Realestate.co.nz Set Sale Date override: Deadline Treaty

  • Trade Me Set Sale Date override: Deadline Private Treaty

  • Sale Location: 35 The Octagon, Dunedin

  • Sale Rule: (unless sold prior)

Robin Hyndman (Phone +64 27 488 8450)
Robin Hyndman
Commercial and Industrial Consultant
135 Bay View Road
St Kilda
• As a going concern or freehold/going concern • Historic Dunedin business and premises • Business opportunity • 820sqm (more or less) factory...
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