Prime North Dunedin Development Opportunity
15 St David Street, a prime property located on the high-visibility corner of St David Street and Great King Street North (State Highway 1 Northbound). This standout property offers incredible potential for a range of buyers, including owner-occupiers, developers, and investors.
Situated in a sought-after North Dunedin location, the property benefits from its proximity to well-known businesses such as McDonald's, Burger Fuel, KFC, Taco Bell, Caltex, Night n Day, and many more. Also nearby are key landmarks like the University of Otago, Otago Polytechnic, the Alhambra Union North Ground rugby field, and George Street. The surrounding area also hosts a vibrant mix of motels, and student accommodation.
There are two buildings situated on the property, the smaller corner building is occupied by Antidote Pharmacy, and the larger building is occupied by a medical centre, an apartment, and a student organisation (community church). The medical centre and pharmacy are moving to a newly built premises on George Street, opening up the opportunity to develop the site (vacant possession is available in early 2025). The property also benefits from two areas of on-site parking.
This property is being offered for sale by Deadline Private Treaty, closing Thursday the 31st of October 2024 at 4 pm (unless sold prior).
For more details and to explore this exciting opportunity further, please contact the nominated broker today.