A rare development opportunity close to the Octagon is now available for purchase.
With the new hospital build and other university and city projects getting the green light, this property represents a great opportunity for an astute investor.
Currently the building is vacant having recently been stripped ready for development with significant investment already in preparing the building for the next stage.
The property has five titles and could lend itself to many uses being in the Central Business District Zone under the Second Generation Plan from office space to apartments to short term accommodation (subject to Council approval)
The site also has a significant number of parks behind with access onto Moray Place.
The current footprint of the building is approximately 200+sqm and there is another approximately 400 sqm of land that can be developed in the super prime heart of Central Dunedin.
Do not miss this exciting opportunity!
Price plus GST (if any)
- By appointment
- House Size: 1266 Sqm
470 Moray Place, Dunedin