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Dunedin Central, 142 Princes Street

High Quality Central City Building - 391m2

Price by Negotiation over $675,000 Plus GST (if any)

Listing Number: DU93977
About this listing
This desirable building on the corner of Princes Street and Dowling Street has been renovated to a very high standard and is now for sale due to the owners having new projects they are pursuing. Extensive modernizing has been completed which gives the new owner confidence with options of commercial or residential (with Council consent) use on the 1st and 2nd floor. There is direct access to the upper floors from Princes Street and Dowling Street. ASN - Advance Sport Nutrition lease part of the ground floor and the balance of the building is vacant. A Karaoke Bar operated in the vacant area for several years which comprised small bar on the ground floor with 1st and 2nd floor set up for Karaoke rooms.

The building features;

- Earthquake renovations have lifted IEP to over 67% NBS
- Full plans available on extensive use of RHS beams along with other major upgrades completed
- 1st and 2nd floor has nearly all hushed glass double glazed windows. Plus the following;
- Fully rewired, fire lined walls where required, noise control internal walls, fire system and fresh air system.
- Commercial kitchen and three toilets
- 40m2 sunny courtyard off 1st floor and 2nd floor has 19m2 balcony
- Ground floor 158m2, 1st floor 175m2 and 2nd floor 58m2. Total area 391m2
Property Information
  • Approx Floor Area: 391 sqm
  • Land Size: 388 sqm
  • Land area
    • Yard Square Metres: 40
  • Property Type: Office, Retail
  • Approx Floor Area
    • Office Square Metres: 233
    • Retail Square Metres: 158

Contact Details

Harcourts Dunedin

Highland Real Estate Group Ltd

Licensed REAA 2008

16 Queens Gardens
Office website

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