Milton, 113 Union Street NSC23867

This outstanding single level former banking premises enjoys a prominent position within the Milton commercial precinct. Union Street is the thoroughfare to Central Otago, the Lakes District and Southland.
Originally constructed in the 1950s, the building has been exceptionally maintained inside and out by its corporate vendor. There is a rear undeveloped land component of approximately 500sqm adding to the property's future potential.
Construction comprises reinforced concrete foundations and floors. Internally there is ducted air-conditioning and fire detection systems. The zoning allows a multitude of uses from residential, retail to food related activities. The ATM pays a rental of $3,500 p.a. plus GST simultaneously bringing people and opportunity to your front door. A wonderful opportunity to purchase an exceptional Milton property from a motivated seller.

KEY DETAILS
- Land size: 1,127m≤ (more or less)
- Net lettable area: 143.3m≤ (approx.)
- No. of carparks: 4
- Zone: Urban
- Seismic Rating: Grade A+

For sale by Auction on site Wednesday 12 pm 5th April 2017.

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