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Burnside

Lot 3, 10 McLeods Road, Burnside, Dunedin

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2.52 ha Land area SQM

Grand industrial opportunity - strike now


• Over two and a half hectares of Industrial zoned land in Burnside industrial precinct
• Reasonably flat contour and able to be redeveloped as a desirable site
• Contamination issues offer scope for canny buyer
• Mortgagee requires property to be sold

This property has issues and these translate into opportunities. Historically the site was part of the PPCS freezing works land holding and a recent subdivision created this lot. Five and a half years ago a fire destroyed some structures on the property leaving an asbestos contamination issue. There will be a requirement for the purchaser to remediate the site to the local authorities' satisfaction to allow further development. Contamination and geotech reports are available for qualified buyers.
All parties who have the ability and resources to remediate are urged to inquire.
Industrial land is in short supply and in high demand. Burnside is fast redeveloping into an attractive industrial address which is a convenient location well serviced by motorway.

Tender
(unless sold prior)

311 Highgate, Roslyn

6
Dec

Time4pm
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Robin Hyndman

Robin Hyndman


Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Muir Gold

Muir Gold


Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Rachel Jones

Rachel Jones


Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Add value


Remediate and add immediate value

Available


For sale by mortgagee tender. Definite sale required

Land area


2.5202ha

Motorway access


Close to on/off ramps of southern motorway

Opportunity


Site partially contaminated with asbestos post building fire. Remediation required.

Zoning


Industrial under DCC 2GP