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2-4 Bank St 3,016 SF 100% Leased Office Building Annan DG12 6AA $400,406 ($132.76/SF)

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EXECUTIVE SUMMARY

The subject comprises a two-storey building with attic attached building, with single storey rear projections, of attractive sandstone construction under pitched and flat roofs.
The property has two entrance doors, both of which are served by access ramps. The main entrance leads into an arched hallway, with sandstone walls and brick ceiling, which then provides access to previous used ground floor café areas, common staircases, and enclosed rear courtyard.
There is good provision of toilet facilities throughout. Including accessible toilets on the ground floor.
The floors are solid masonry and suspended timber construction with a mix of carpet, laminate, and vinyl coverings. Walls and ceilings have a mostly painted finish.
The property has great opportunity for residential conversion, with previous drawings and plans being submitted.
With affordable living being in high demand this is a great investment opportunity and has to potential of council backed funding.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Tenure
Freehold
Building Size
3,016 SF
Building Class
B
Year Built
1882
Price
$400,406
Price Per SF
$132.76
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,005 SF
Building FAR
2.52
Lot Size
0.03 AC

AMENITIES

  • Courtyard
  • Security System
  • Storage Space
  • Listing ID: 32255524

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 2-4 Bank St, Annan DG12 6AA

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