Immediate Return on Investment

18 McNab Street, Kenmure, Dunedin

Price: Sold for $850,000
Price: Sold for $850,000

Deadline Sale closing 1pm Friday, 4th September 2020 (No prior offers)

Don’t miss this opportunity to secure a quality investment on 1,002sqm of freehold land in a quality location in the popular light industrial area of Kaikorai Valley.

- Constructed of steel portal frame and concrete tilt slab, the building has an NBS of 100%.
- Currently occupied by Procote Industries it is to be sold with the commencement of a new 6+3+3 lease.
- The attractive market rent is secure at $62,500 per annum plus GST and outgoings offering a initial yield of 7.74% on asking.
- Approx areas - Workshop 622sqm, Offices and Staff Room 40sqm, Mezzanines and Shed 53sqm, Yard 370sqm.

Further information and inspections available upon request.

IMPORTANT NOTE - The purchase price is plus GST (if any)


  • By appointment


  • House Size: 715 Sqm
  • Land Size: 1002 Sqm


18 McNab Street, Dunedin



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