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110 Melbourne Street, South Dunedin, Dunedin City

INCREDIBLE DEVELOPMENT OPPORTUNITY

dollar

$5,400,000 Plus GST (if any)

Section
Section
Land area
7724m2
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Property details

Listing # L29899668 | Listed on 2 August 2024

We are extremely proud to present this incredible development opportunity in South Dunedin.

The vendors, who recently ran the An-Nur Education Centre were sad to close it down and now this huge, flat site will be sold to allow for future development

The site is 7724m2 and is split across 7 titles with dual access off Melbourne Street and Macandrew Road. Residential 2 zoning allows for 1 bedroom per 60m2, meaning this property is 128 bedroom capable (subject to DCC consent).

The school building has a floor area of approximately 935m2. This structure can be converted to accommodation (subject to DCC consent) and/or commercial use (subject to resource consent).

You can buy the whole lot or 1 of 2 parcels by negotiation.
Parcel 1 - 4882m2 with the school building on it.
Parcel 2 - 2842m2. Bare land.


Summary of Titles
Parcel 1
Lot 1 DP 3345: 2891m2
Lot 4 DP 1988: 966m2
Lot 1-2 DP 5224: 1025m2

Parcel 2
Lot 12 Block X DP 8: 1012m2
Lot 1 DP 6336: 435m2
Part Lot 1, 3 DP 3500: 401m2
Lot 2 DP 6336 and Part Lot 2-3 DP 3345: 994m2

Proudly marketed by Matt Cutler & Andrew James of Cutlers Real Estate.

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