Split Risk, Multi Tenanted Investment

282-284 Kaikorai Valley Road, Dunedin offers key investment fundamentals rarely seen on the open market. Multiple tenants, across both residential & commercial, mean the income stream of this property is diversified, and splits the risk across various channels. The property currently has four commercial tenants, being Amplified Cosmetica, Goldstar Takeaways, Envy Hair Studio, and the NZ Customs Service (Government). The mixed-use nature of this property also provides for a 3 bedroom residential tenancy. There is a currently unutilized (vacant) portion the property as well, which a prudent investor may look to lease out, to further diversify the income. This tenant mix ensures split risk rental income - sure to appeal to many investors, who want to minimize the risk that any future tenant vacating only causes minimal cashflow disruption. Key Property Information: - Site area 1,012m2 (more or less) - Total floor area 432m2 (approx.) - Freehold tenure - 5/6 tenancies - split risk income - NZ Customs Service tenancy was constructed circa 2022 to a premium standard - Located on key arterial route For Sale by way of Deadline Private Treaty closing Friday 5th December at 2pm (unless sold prior). Contact the nominated broker for more information.