62 George Street Port Chalmers, Dunedin City

Priced at $240,000, this distinctive historic building with 3 different income streams is a rare opportunity to secure a property in the commercial hub.
At street level, the double-fronted shop space is currently used as an artist's studio.
Behind the studio and up the stairs is a spacious two bedroom flat. With bathrooms on each level, there is potential for it to be developed to 3 bedrooms. Option to buy fully furnished.
At the rear is a large separate workshop, from which the long- standing tenant operates his upholstery business.
Now fully tenanted, it is returning $420 per week. IEP earthquake report available.
62A George St: An option to purchase the adjacent vacant section, (which guarantees vehicular access to the rear of the property), is also available.
The whole section is now available to purchase, with an asking price of $90,000.