52 David Street, Caversham, Dunedin

Developers, tradesman's base-top opportunity

To be sold by tender (no prior offers) this is an excellent opportunity to secure hard to find, well zoned (Residential 2) 527sqm (approx) site for future development or for a highly sought after tradesman's parking/storage base with potential rental income from the dwelling. Current existing structures are a series of connected outbuildings and a 100sqm (approx.) 3 bedroom 1890s mixed/remodified bungalow surrounding a large central parking yard. All buildings are in average to poor repair. Latterly used as a tradesman's base historically the site had been occupied for a variety of business and residential uses. Purchasers are encouraged to do their own due diligence. A recent LIM is available as well as the tender documents. An excellent location close to St Clair, the Caversham and South Dunedin shops and local bus routes. RV (July 2019) $320,000. Viewing by appointment or set viewing times-please phone Miles.