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A smart commercial investment opportunity!

229 King Edward Street South, South Dunedin

Retail Property
dollar

Offers Over $419,000 Plus GST (if any)

Floor area
230m2
Land area
250m2
Title type
Freehold
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Map

Property details

Listing # 4603678 | Listed on 23 January

An excellent entry-level commercial investment or a strategic addition to an existing portfolio. Positioned on a freehold site with long-term income security and minimal management requirements, this property offers compelling fundamentals for seasoned and first-time investors alike.
Key Features
•Freehold land area of approx. 250m²
•Total floor area of approx. 230m²
•Two tenancies: 153m² and 77m²
•Strong holding income with two established tenants
•Both tenants on renewed long-term leases, expiring 2031 and 2035
•Passive, hands-off asset in a tightly held location

Strictly viewing by appointment only. Investors are encouraged to act promptly, as comparable assets typically do not remain on the market for long.

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