248 Cumberland Street, City Centre, Dunedin, Otago

This is a fantastic opportunity to purchase an entire floor within ASB House, a centrally located multi-level commercial office tower on Cumberland Street (SH1), Dunedin.

Unit F (the Fifth Floor) is for genuine sale, with Mediaworks to lease back approx. 260.84m2* of the floor (plus share of common), providing a secure and stable income. This will leave 341.33m2* (plus share of common) of office space overlooking the harbour, for an astute investor to lease, or for an owner occupier to stamp their own mark, fit out to their requirements, and move their business in and reap the rewards of owning their own premises. Sure to appeal, and rare to find, is the ample on-site car parking. Unit F (the fifth floor) also includes (as Accessory Units) 14 car parks. Mediaworks are to lease back 8 of these car parks, leaving 6 to complement the available office space.

ASB House sits in a prime central location on Cumberland Street, SH1 Northbound, and within the block adjacent to the western block of the new Dunedin Hospital site. The building is anchored by ASB and is home to a number of well recognised businesses including PKF, Mediaworks, Warren and Mahoney, Colliers, GHP Law, and many more. The property also sits in close proximity to Stuart Street, The Octagon, The Exchange, Moray Place, and the George Street central retail area which includes the Merdian, Golden Centre and Wall Street Malls. The property also benefits from access from Dunbar Street.

For Sale by Negotiation.

Contact our nominated brokers for more details. *All floor areas mentioned are gross, approximate, and subject to final measure.