36 George Street, Port Chalmers, Dunedin City, Otago

36 George Street, Port Chalmers, Dunedin City, Otago | Tall Poppy

Prime Mixed-Use Investment in Port Chalmers

36 George Street, Port Chalmers, Dunedin City

Bedrooms

2

Bathrooms

1

Floor area

190m2

Land area

338m2

Enquiries Over $795,000

Updated 3 hours ago

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Open homes

We may not have any upcoming open homes but we can usually schedule a private visit.

  • Arrange with Andrew Berryman
  • About this property

    Positioned proudly on the main street of Port Chalmers, this substantial mixed-use building comes with three established tenancies already in place. Invest in the building with a hands-off approach to the business, and enjoy a current weekly return of $1,400.

    At the front, a spacious shop has been tastefully renovated in keeping with the building’s original charm. Formerly a much-loved café, it features polished concrete floors, character ceilings, and large bifold doors that open wide to the street. This space includes its own bathroom and separate toilet, a commercial kitchen that services the back café, and a storage area that could easily be reinstated as the original bar.

    To the rear of the shop is a sunny, sheltered courtyard with access to the popular new café, connected by a shared gate between the driveway and courtyard. The café is warmed by a cosy fireplace and bathed in natural light streaming through its bifold doors. In the warmer months, these open to create a relaxed al fresco dining atmosphere. The café also includes its own toilet and serving kitchen, and is well-patronised by both locals and tourists alike.

    Above the shop, with its own private entrance, is a tidy two-bedroom apartment. Retaining its period features, it offers decorative fireplaces, original timber detailing, and high ceilings. The bathroom includes a traditional chain-pull toilet, paying homage to the building’s history. The kitchen boasts a walk-in pantry and laundry, while a small private deck provides a sunny spot to relax. A hallway heat pump, along with excellent sun, keeps the apartment warm year-round.

    This rare opportunity is offered with all three leases in place. Lease agreements are available on request. The Property Pack can be downloaded from the listing on our Tall Poppy website.

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    Key selling points

    • 190m2

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    Including Council documents and titles if available.

    Allow 5-10 mins for the request to be processed.

    About this property

    Improvement Valuation (IV)

    $250,000

    Land Valuation (LV)

    $280,000

    Rateable Value (RV)

    $530,000

    Rates

    $7,138.03

    Water Supply

    Town Connection

    Sewage

    Mains

    Internet Connection

    Fibre

    Fencing

    None

    Gas

    Bottles

    Joinery

    Timber

    Glazing

    Single Glazed

    Items Included In the Sale
    • Fixed floor coverings
    • Light fittings
    • Rangehood x 3
    • Cooktop
    • Smoke detector(s)
    • Heat pump(s)
    • Gas Oven in shop
    • Bathroom Extractor Fan x2
    • Dishwasher in cafe
    • Fridge
    • Washing Machine
    • Security System
    • Under Sink Waste Unit x1
    • Electric Oven
    • Heated Towel Rail(s)
    • Laundry Tub
    • Window Treatments
    • We are revolutionising real estate by offering crystal-clear pricing, industry-leading marketing and processes to get you the best possible price on your property.

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