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A124 King Edward Street, South Dunedin
$600,000+ listed in Apr 2016
Other:
Land size:  [Measure]
Agent: Highland Real Estate Group Ltd

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Property Description:
This iconic South Dunedin building which is located on one of Dunedin busiest intersection (averaging 15,500 vehicles daily on Hillside Road) has profile to burn. Always appreciated by the business community for its fantastic signage profile on the corner veranda which is visible from all directions. It is believed the building was erected in 1923 and general condition is described as "reasonable good condition without any obvious signs of deterioration, cracking and settlement"

The building features ground floor commercial use, at present retail use but has in the past also been used for community computer training and long term fabric business. Comes with two disability toilets and kitchenette of 12m2 and approximately 147m2 of retail space. Great full length window frontage on both street fronts adds to the appeal.

First floor five bedroom modernized flat is currently rented, has fantastic spacious living/kitchen area in the sunny northeast corner with modern appliances and heat pump, a generous master bedroom with walk-in robe, double bedroom and three single bedrooms with two having loft areas, bathroom comes with bath, separate shower and toilet, separate laundry with tub, numerous storage options and polished wooden floors. As well there are two ground floor toilets that go with the flat. Bonus of two off street car parks with roller door access in secure courtyard that has room for clothesline and basketball hoop.

At present the commercial retail ground floor has a periodic tenant who has been leasing the space since August 2014 and the five bedroom flat above is rented for 12 months.

There are several options for the new owners; operate their own busine
Nearby Schools:
NameTypeDecileDistance
Bathgate Park SchoolPrimary3961 meters
Kings High School (Dunedin)Secondary61.1 km
Carisbrook SchoolPrimary21.1 km
Queens High SchoolSecondary51.3 km
Otago Girls' High SchoolSecondary92.1 km
>>More schools

The property data is from the public websites.

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