14 Tewsley Street, Central Dunedin offers a well-located corner site on Tewsley and Willis Streets, offering profile and comprising of a commercial-industrial opportunity on a 465m² (more or less) leasehold site, with potential to secure the freehold.
This industrial building was constructed in two parts circa 1980s, built to a quality standard with double glazing and modern offices over two levels along with a drive-in warehouse area. The site includes a ground floor office with an offset parking space, a functional warehouse with roller door access, and an upstairs office area, with a generous-sized staff room/kitchenette and toilet facility.
Positioned on the Willis Street side of the premises is the remainder of the premises built circa early 1900s and includes a storage/office area with the potential to reinstate a toilet facility - with potential to create a second tenancy. A former asbestos roof has been removed over this section of the premises, with an asbestos clearance certificate and roof warranty.
Positioned in the harbourside area, near to the Dunedin Railway Station and close to the CBD, the property offers excellent access to both northern and southern arterial routes and sits within an established commercial and industrial precinct.
The site is on a ground lease from 1 August 2023 of 11 years and 11 months at circa $7,673 PA plus GST - next renewal 1 July 2035. Full detail on request.
Key Features
• 465m² leasehold site (more or less)
• Approx. 450m² modern offices/warehousing and industrial zoned building
• Offices over two levels with one off street secure park (gated)
• Warehouse with roller door access and access to further storage
• Central location with strong access
• Potential freehold opportunity (subject to board approval)
A practical option for owner-occupiers or investors seeking a central Dunedin industrial property.
For a full information memorandum please contact us now, viewing by appointment only.
Enquiries over $550,000 plus GST if any
