This is a unique chance to secure your own slice of a property within the thriving Ohakune junction area, the opportunity presents itself to purchase a multi-story building on a large 1575 sqm site with panoramic views of Mount Ruapehu and the surrounding countryside. Options for future buyers could include; - Using it as a retail hotspot, taking advantage of tourism in the area. - A prudent investment with previous leases promptly leased in the vicinity of $25,000 + GST p.a (7.2 % gross returns). - Potential to subdivide and develop large site into larger or multiple operations (council permitting). A real opportunity lies in prudent investment in the region with recent changes in major tourism holdings of the area leading to a positive outlook for business confidence in the area. Ohakune is now much more than a winter destination with a surge in all year-round activities such as mountain biking, hiking, hunting and fishing, located within a small walk to the popular hospitality hotspots of the area push's this property to be well positioned for success going forward. Call now to take advantage of this great opportunity.

From $349,000 + GST (if any)

Occupying an approximately 1,012 m2 freehold site, this well-configured property offers an excellent balance of space, flexibility and multiple income streams. The site comprises two separate buildings, providing clear tenancy separation and versatile use. Front Commercial and Residential Building - An L-shaped building at the front of the site is configured into three distinct areas: • Eastern Shop – A large open retail space leased to Volcano Vibe Collective, with storage, bathroom facilities, front and rear access, a large heat pump and a Level 4 fire alarm system as a building feature. The shop area also has electricity and drainage for a commercial bar/kitchen, as it was used as pizza cafe several years ago. • Western Shop / Apartment – Also occupied by the Collective and council-consented for residential use, comprising two adjoining rooms, kitchen facilities, a disabled-consented bathroom, a heat pump, and a Level 5 fire alarm system as a feature. • Rear Apartment – A self-contained apartment to the rear of the shop building, two bedrooms, two bathrooms and a Level 5 fire alarm system, vacant and immediately available, ideal for short-stay or supplementary income. • Standalone Residential Dwelling - To the rear of the site is a separate three bedroom bungalow with a tenant in place, relocated to the site several years ago and upgraded to Healthy Homes standards.

$350,000