Currently Leased - But Tenant Proposes to Shift
Currently leased at $99,000 pa + GST + Outgoings to H and J Smith (Outdoor World use it) until 28 April 2014 with three yearly rights of renewal until 27 April 2029.

H & J Smith are contemplating shifting Outdoor World into their main building Tay/Esk Street therefore this will come empty (please check) copy of lease available. The building is approx 2,330 m2 spread over basement floor, ground floor and upstairs. Land area 810 m2
2011 Rateable Capital Value $910,000 Land Value $210,000 Rates $6,807.35.
This could be a prime site for a new retail shop or redevelop of the existing shop or even a new car parking building. NB: The roof has been replaced. This 809 m2 site is also ideal to redevelop into a large retail shop with basement car park from Tay or Wood Streets as the land slopes downstairs from Dee to Wood Street. Use your imagination and lets see what you can achieve!!


For inspection and full details contact David McKillop.