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Add-Value Opportunity

Site area of 495sqm (more or less) | Freehold tenure | Multiple development options

 
 
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The Opportunity

Evan Parry House represents an opportunity to purchase a freehold add-value property in a profile position in Dunedin's central CBD (just off The Octagon). Evan Parry House is situated in close proximity to many other recognized office buildings, including; Forsyth Barr House, Burns House, DCC - Civic Centre, Otago House, ASB House, and many more.

Features
• Site area of 495sqm (more or less)
• Freehold tenure
• Multiple development options
• High-profile position in Dunedin's CBD (just off The Octagon)
• Holding income
• 9 Storey office building (including ground floor)
• 16 Carparks

For Sale by Deadline Treaty closing on Thursday the 5th of May 2022 at 4pm (unless sold prior).

Seldom do opportunities such as this come available for purchase in the local market. Please get in contact for further information.


Highlights

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9 storey office building (including ground floor)

Part of the ground floor and four of the office floors are currently vacant (approximately 1,400m2 total vacant area), opening up various options for buyers. Total lettable floor area of approximately 2,700m2.

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Holding income

Evan Parry House is currently leased to multiple tenants providing a good holding income.


The Agent

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Dean Collins

Director | Commercial Broker

Dunedin

Licensed under the REAA 2008


Location


Sales Process

Deadline Private Treaty 5th May 2022 16:00 (Unless sold prior)


Enquire Today