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308 Highgate, Roslyn, Dunedin City

Prime Roslyn Village investment opportunity

dollar

Negotiation

House
Home & income
Bedroom
3
Bathroom
1
Floor area
200m2
Land area
248m2
Title type
Freehold
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Property details

Listing # 4602815 | Listed on 11 October 2024

Discover the charm and potential of the historic post office in the heart of Roslyn Village. This iconic building has a great rental history and offers a rare blend of residential and commercial spaces, perfect for investors or those looking to capitalise on a sought-after location. With the three-bedroom apartment becoming available in March 2026 this could suit an out-of-town buyer looking for a town base, while having the benefit of receiving rent from the commercial tenant.

Property Features:

Location: Centrally positioned in Roslyn Village, offering high visibility and convenience.

Office: The office area downstairs is currently tenanted by Bayleys until 1 April 2027 at $23,000 plus GST per annum. The existing layout consists of a reception area, three office spaces, kitchenette, and a toilet.

Accommodation: Upstairs features 3 double bedrooms, upgraded bathroom with laundry, a modern open-plan kitchen and living room with views of the city. Healthy Homes approved, with a rent of $500 per week.

Recent Upgrades: Full exterior repaint and a new roof in 2018, ensure the building is well-maintained. Kitchen and bathroom upgraded.
Heating: Two heat pumps provide efficient heating, one upstairs and one down.
Structural engineering report available on request.
Parking: Includes 2 onsite car parks.

This is a unique opportunity to own a piece of Roslyn's history while enjoying a steady income stream from the current tenants. Whether you're looking to invest or make it your own, this property is full of potential. Don't miss out!

Any interested parties would need to seek independent GST advice as the vendors are GST registered for this transaction.

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Additional features

Roofing: Concrete Tile
Exterior Cladding: Rough Cast
External Features: Water Heating - Electric
Lot Features: Fenced - Partial, Level

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