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948 m2

19 Mull Street
Glenorchy, Glenorchy

FOR SALE: $1,750,000 +GST if any
COMMERCIAL PROPERTY OPPORTUNITY
Here's an exciting commercial property opportunity in the heart of Glenorchy Township, just moments from the beautiful shores of Lake Wakatipu. This well-positioned commercial building offers three separate long-term tenancies, providing an excellent combination of existing rental income and future
potential.

The two front shops are already leased with two established long-term tenants, providing an immediate income stream. A workshop and office still remain available for lease. One is a gift shop, and the other is a restaurant. The third tenancy is currently available for lease and features a practical
workshop/garage space together with office accommodation.

This could be an ideal opportunity for a local business owner or operator who needs their own workshop and office space, while also benefiting from the rental income generated by the two established tenants.

With its central Glenorchy location, the property is conveniently positioned within the township and close to Lake Wakatipu, local businesses, services and the growing visitor market. Whether you're looking for a commercial investment, a base for your own business, or a combination of business
premises and rental income, this property offers flexibility and potential.

Preliminary investigations with council have indicated that it may be possible to convert the office and workshop space into self-contained living accommodation. Hence, further investigation with QLDC and additional consents will be required.

A great opportunity to secure a commercial property in one of Central Otago's most sought-after and picturesque locations. There are not many commercial properties available in this growing town.

$1,750,000 +GST if any

Enquire today to find out more.
Property ID: L42398115
Kath Cruickshank
Licensed Salesperson
027 436 8531
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