1016 Temuka - Orari Highway, Orari, Geraldine

$499,000 + GST (if any)
2,233m2
Land Area
250m2
Floor Area

+18

+17

Unique Orari opportunity – Priced below valuation!

My vendors have made a sharp price adjustment, so now is the time to act! Purchase as a home and income opportunity, where the commercial lease provides an income stream, or - Purchase as an investment property, receiving income from the commercial lease and renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. The choice is yours! Approximately 75% of the 2,233m2 flat section comprises of an approximately 166m2 commercial building in good condition with a large retail area, office space, kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, an existing lease in place with one more right of renewal, and is well located across from Mes Amis Cafe and Ikon Machinery in Orari, with good traffic flow. The balance of the area comprises of an approximately 80m2 three double bedroom, one bathroom 1970's ex-Twizel house, relocated in the 1990's. The tidy home has a functional kitchen/dining area that opens out to the lounge with log burner, heat pump and heat transfer system. All bedrooms have built in wardrobes, there is a modernised bathroom with an adjoining separate toilet, and a separate laundry area with external access. The house is set back and screened visually from the roadside commercial frontage by a large hedge that also buffers road noise, helping to create a private hideaway. It has its own vehicle entrance and access to an approximately 72m2 double garage (shared with leasee) with workshop and attached storage area. The dwelling is now vacant and available for immediate possession. The property has 2 Units of Orari Water held in a 2,000 litre tank and is on its own septic tank. Opportunities like this are extremely rare, so call Anna to arrange your private viewing!

Chattels

Dwelling Chattels - Clothesline, Dishwasher, Drapes, Hob - Electric, Extractor Fan, Fixed Floor Coverings, Heat Pump (1) and Remote, Letterbox, Light Fittings, Mirror (Bathroom), Heater (Hallway), Range Hood, Smoke Detector (1), Water Tank - 2,000 Litre (shared with Commercial building) Commercial Building Chattels - Blinds, Electric Stove, Heat Pumps (3) and Remotes, Light Fittings, Smoke detector (1), Water Tank - 2,000 Litre (shared with Dwelling)
1016 Temuka - Orari Highway, Orari, Geraldine

Web ID

GEU203942

Floor area

250m2

Land area

2,233m2

District rates

$4,744.20pa

$499,000 + GST (if any)
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Anna Coleman

Anna Coleman

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GEU203942

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GEU203942
3
Bedrooms
1
Bathrooms
2
Garages

My vendors have made a sharp price adjustment, so now is the time to act! Purchase as a home and income opportunity, where the commercial lease provides an income stream, or - Purchase as an investment property, receiving income from the commercial lease and renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. The choice is yours! Approximately 75% of the 2,233m2 flat section comprises of an approximately 166m2 commercial building in good condition with a large retail area, office space, kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, an existing lease in place with one more right of renewal, and is well located across from Mes Amis Cafe and Ikon Machinery in Orari, with good traffic flow. The balance of the area comprises of an approximately 80m2 three double bedroom, one bathroom 1970's ex-Twizel house, relocated in the 1990's. The tidy home has a functional kitchen/dining area that opens out to the lounge with log burner, heat pump and heat transfer system. All bedrooms have built in wardrobes, there is a modernised bathroom with an adjoining separate toilet, and a separate laundry area with external access. The house is set back and screened visually from the roadside commercial frontage by a large hedge that also buffers road noise, helping to create a private hideaway. It has its own vehicle entrance and access to an approximately 72m2 double garage (shared with leasee) with workshop and attached storage area. The dwelling is now vacant and available for immediate possession. The property has 2 Units of Orari Water held in a 2,000 litre tank and is on its own septic tank. Opportunities like this are extremely rare, so call Anna to arrange your private viewing!

$499,000 + GST (if any)
TMC191179

Lease this property and explore the options, with two shop frontages, a small kitchen and a two-bedroom plus office flat that has been fully renovated with a large deck for the evening BBQ. The back of the yard has plenty of parking space and even a vegetable garden. The building is 100% up to code with all earthquake strengthening being completed. Motivated vendors, so enquire now.

By Negotiation
TMC203650

Lease this versatile property offering two shop frontages, which can be leased together or separately to suit your needs. It includes a small kitchen, generous rear parking, and even a vegetable garden. The building is fully compliant, with all earthquake strengthening completed. Motivated vendors, so enquire now.

By Negotiation

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