308 Highgate, Roslyn, Dunedin

Prime Roslyn Village investment opportunity

Discover the charm and potential of the historic post office in the heart of Roslyn Village. With a rateable value of $760,000 and a great rental history this iconic building offers a rare blend of residential and commercial spaces, perfect for investors or those looking to capitalise on a sought-after location. With the three-bedroom apartment becoming available in February 2025 this could suit an out-of-town buyer looking for a town base, while having the benefit of receiving rent from the commercial tenant.

Property Features:

Location: Centrally positioned in Roslyn Village, offering high visibility and convenience.

Office: The office area downstairs is currently tenanted by Bayleys until 1 April 2027 at $23,000 plus GST per annum. The existing layout consists of a reception area, three office spaces, kitchenette, and a toilet.

Accommodation: Upstairs features 3 double bedrooms, upgraded bathroom with laundry, a modern open-plan kitchen and living room with views of the city. Healthy Homes approved, with a rent of $500 per week.

Recent Upgrades: Full exterior repaint and a new roof in 2018, ensure the building is well-maintained. Kitchen and bathroom upgraded.
Heating: Two heat pumps provide efficient heating, one upstairs and one down.
Structural engineering report available on request.
Parking: Includes 2 onsite car parks.

This is a unique opportunity to own a piece of Roslyn's history while enjoying a steady income stream from the current tenants. Whether you're looking to invest or make it your own, this property is full of potential. Don't miss out!