179 & 183 Mornington Road represents a rare opportunity to purchase a large development site located in an established residential area with some excellent views over Dunedin.
The property is located in an excellent position being situated on Mornington Road, with easy access to and in close proximity to Dunedin CBD. The property poses a unique opportunity to purchase a prominent development site, which benefits from some excellent views over the city and harbour, located in close proximity to the motorway on ramp and public transport links around Dunedin. This is an opportunity to purchase a vast site with a number of quality fundamentals developers often look for but struggle to find in the Dunedin market.
There are buildings on site, which was previously run as a boys home up until 1991.
The property is contained within the bounds of two freehold certificates of title - 853284 with a land area of 21,281m2 (more or less) & OT13B/636 with a land area of 15,588m2 (more or less), total land area of approx 3.7 hectares.
For sale by Deadline Private Treaty closing Wednesday 28 October 2020 at 4pm (unless sold prior).
Contact the nominated broker for more information.