2 Clark Street, City Centre Dunedin, Dunedin City
Dunedin Central Tenant Vacating - Holding Income
$1,950,000The property represents a fantastic opportunity to purchase or lease a prominent property on the corner of Clark and High Streets, a popular commercial/mixed-use area of Dunedin City.
Located in an excellent position being situated on the corner of Clark and High Streets, just above The Exchange and in close proximity to The Octagon and George Street. The surrounding area is generally occupied by a range of businesses/property types, including office, retail, light industrial, and residential accommodation. The location offers easy access to Dunedin’s central CBD.
2 Clark Street & 204 High Street consist of two freehold titles with a total land area of 1,355m² - split 1,024m² and 331m² (more or less) respectively. The owner is open to selling the two properties separately.
The entire property is currently occupied by Moore Markhams, the long term occupier and previous owner of the property, who’s lease expires 31 December 2025.
Key Property Information:
• Total site area 1,355m² (more or less)
• Zoned Central Activity and 2GP Zoned Central Business District
• Freehold tenure
• Holding income
• IEP earthquake assessment of 100% NBS (2 Clark Street) and strengthened to 70% NBS (204 High Streer)
• 12 on-site carparks
• Options to sell/lease separately
This freehold offering is offered to the market for sale at an asking price of $1,950,000 plus GST (if any).
Contact the nominated broker for more information or to view.