North Dunedin
58 Albany Street , North Dunedin, Dunedin
+26
Premium development opportunity, campus precinct
• High profile strategic corner site in the University Precinct.
• Existing building offers a well maintained and adaptable structure.
• Exceptional Suburban Centre zoning allows for a wide range of commercial and residential uses.
• On-site car parking for 13.
• Vacant possession, available for immediate use or development.
With significant foot and vehicular traffic, this 1,314 sqm site offers a compelling opportunity for investors and developers alike. The existing 600 sqm building, spread across ground and mezzanine levels, is finished to a high standard and could be repurposed for offices, hospitality, or other commercial ventures that wish to capitalise on the site's strategic positioning.
Equally, for those looking for a prime development site, the flexible zoning allows for a range of commercial and residential uses, including visitor accommodation—an exceptionally high-profile opportunity sitting on the doorstep of the University of Otago.
Opportunities of this calibre are seldom available. We recommend your early attention.
Robin Hyndman
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Muir Gold
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Rachel Jones
Otago Realty Group Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Available
Vacant occupancy, immediate possession available.
Floor area details
The floor area is approximately 600sqm including ground and first floor areas.
Location
This property is situated between the University of Otago and Dunedin's CBD.
Opportunity
Occupy, repurpose or strategic land banking opportunity.
Prime frontage
Positioned on State Highway One (the one-way south) passing through the corner of Albany Street, opposite the University Campus.
Zoning
Zoning allows for flexible land use allowing continuation of commercial use or residential and visitor accomodation.
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Property files
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