Tall Poppy HQ (Bulsara Ltd)
Real Estate Agents
Tall Poppy HQ (Bulsara Ltd)
74 Amohia Street
Paraparaumu 5032
Paraparaumu 5032
Tall Poppy Dunedin
26 George Street
Port Chalmers 9023
Port Chalmers 9023
- Listing #:
- TPDN5967
- Listed:
- 120 days ago
Enquiries Over $795,000
Prime Mixed-Use Investment in Port Chalmers
36 George Street, Port Chalmers, Dunedin CityResidential House
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- 2 Bedrooms
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- 1 Bathroom
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- 190m2 Floor Area
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- 338m2 Land Area
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.Important Information:
• NBS Rating: 40%
• Cafe and flat leased for a further 12 months ($600pw cafe and $400pw flat)
• Shop lease flexible and negotiable ($400pw)
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. The Property Pack with NBS Report can be downloaded from the listing on our Tall Poppy website.
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