58 Albany Street

Premium development opportunity, campus precinct

• High profile strategic corner site in the University Precinct.
• Existing building offers a well maintained and adaptable structure.
• Exceptional Suburban Centre zoning allows for a wide range of commercial and residential uses.
• On-site car parking for 13.
• Vacant possession, available for immediate use or development.

With significant foot and vehicular traffic, this 1,314 sqm site offers a compelling opportunity for investors and developers alike. The existing 600 sqm building, spread across ground and mezzanine levels, is finished to a high standard and could be repurposed for offices, hospitality, or other commercial ventures that wish to capitalise on the site's strategic positioning.

Equally, for those looking for a prime development site, the flexible zoning allows for a range of commercial and residential uses, including visitor accommodation"an exceptionally high-profile opportunity sitting on the doorstep of the University of Otago.

Opportunities of this calibre are seldom available. We recommend your early attention.