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Incredible Home and Income Opportunity

North East Valley, 282 North Road

Price by Negotiation

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Listing Number: DU95259
About this listing
Opened in 1914, the former Post Office building at 282 North Road is now for sale representing a fabulous opportunity. Housed within the building are two separate uses. Upstairs is a self-contained two bedroom apartment (originally the Post Mistresses' accommodation) and is currently successfully rented out on Booking.com. Downstairs is a commercial opportunity, which the present owners run as a café, but could be home to any business from hair salon, art gallery to a professional's offices. If you want to take the café to the next level, being one block from the "World's Steepest Street" attracts a steady stream of tourists. If you've ever dreamed of running your own business, this could be just the start you need. As an owner-occupier you could even live on site and continue a rental business downstairs increasing your income. This type of investment doesn't come along often and being so close to the University, hospital and bustling centre of Dunedin City, it's a location that's hard to beat. Call us now for a private viewing.
Property Information
  • Approx Floor Area: 180 sqm
  • Land Size: 506 sqm
  • Property Type: Apartment, Home & income
  • Roof: Iron
  • Tenure: Freehold
  • Approx year built: 1912
  • Property condition: Excellent
  • House style: Executive, Character
  • Garaging / carparking: Off street
  • Construction: Plaster, Corrugated Iron and Brick
  • Joinery: Timber
  • Flooring: Polished and Timber
  • Window coverings: Blinds
  • Heating / Cooling: Heat pump, Electric
  • Electrical: Phone extensions
  • Chattels remaining: Blinds, Fixed floor coverings, Light fittings, Stove, Curtains
  • Kitchen: Modern, Open plan, Dishwasher, Separate oven, Rangehood, Extractor fan, Microwave, Gas bottled, Pantry and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double
  • Bedroom 2: Double
  • Additional rooms: Other (Separate Laundry/Storage)
  • Main bathroom: Shower over bath, Exhaust fan, Heater
  • Laundry: Separate
  • Views: City
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered, Concrete and Other surface)
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy, Backyard access
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport

Contact Details

Property Location

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