110 Melbourne Street

South Dunedin Otago

7724 m²

Other

Currently for sale - view listing

Overview

INCREDIBLE DEVELOPMENT OPPORTUNITY

We are extremely proud to present this incredible development opportunity in South Dunedin. The vendors, who recently ran the An-Nur Education Centre were sad to close it down and now this huge, flat site will be sold to allow for future development The site is 7724m2 and is split across 7 titles with dual access off Melbourne Street and Macandrew Road. Residential 2 zoning allows for 1 bedroom per 60m2, meaning this property is 128 bedroom capable (subject to DCC consent). The school building has a floor area of approximately 935m2. This structure can be converted to accommodation (subject to DCC consent) and/or commercial use (subject to resource consent). You can buy the whole lot or 1 of 2 parcels by negotiation. Parcel 1 - 4882m2 with the school building on it. Parcel 2 - 2842m2. Bare land. Summary of Titles Parcel 1 Lot 1 DP 3345: 2891m2 Lot 4 DP 1988: 966m2 Lot 1-2 DP 5224: 1025m2 Parcel 2 Lot 12 Block X DP 8: 1012m2 Lot 1 DP 6336: 435m2 Part Lot 1, 3 DP 3500: 401m2 Lot 2 DP 6336 and Part Lot 2-3 DP 3345: 994m2 Proudly marketed by Matt Cutler & Andrew James of Cutlers Real Estate.