9 Northland Street, Ranfurly, Central Otago
$200,000 + GST (if any)
506m2
40m2
+9
+8
Affordable Commercial Investment
An excellent opportunity to secure a foothold in the growing Central Otago market, this small commercial investment in Ranfurly offers immediate income with future upside. Currently leased to a well-regarded local beauty therapist, the premise presents beautifully - a real credit to the tenant, who has created a welcoming, high-quality space that clients love. Key Features: • Established tenant providing steady rental income • Premise presented to an exceptional standard • Affordable entry-level commercial investment • Scope to add value and enhance long-term returns • Located in the heart of Ranfurly township While the building would benefit from some remedial work to secure its long-term future, this has been reflected in the pricing - offering savvy investors the chance to add value over time. Opportunities like this are increasingly hard to find in Central Otago.
9 Northland Street, Ranfurly, Central Otago
Web ID
RYC226500
Floor area
40m2
Land area
506m2
District rates
$3857.12pa
Regional rates
$170.18pa
LV
$103,000
RV
$160,000
$200,000 + GST (if any)
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Working day and night, in a rut and wasting hours each day driving to and from work. Want to take control and get a life and enjoy being your own boss and have the Central Otago lifestyle in the palm of your hand. Sounds like you, then look no further, the Ranfurly Motels could be the answer. Set on an expansive 6995sqm section, you will find 6 beautifully presented units, which will happily provide you with a great income. Really easy to manage and low maintenance. If you thought that was great, there's more. The owners 4 bedroom house is sumptuousness, you will love it. The property has scope to expand or you could look at alternate options (subject to council approval) Do not sit back and dream, just do it!
By Negotiation
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Working day and night, in a rut and wasting hours each day driving to and from work. Want to take control and get a life and enjoy being your own boss and have the Central Otago lifestyle in the palm of your hand. Sounds like you, then look no further, the Ranfurly Motels could be the answer. Set on an expansive 6995sqm section, you will find 6 beautifully presented units, which will happily provide you with a great income. Really easy to manage and low maintenance. If you thought that was great, there's more. The owners 4 bedroom house is sumptuousness, you will love it. The property has scope to expand or you could look at alternate options (subject to council approval) Do not sit back and dream, just do it!
By Negotiation
An excellent opportunity to secure a foothold in the growing Central Otago market, this small commercial investment in Ranfurly offers immediate income with future upside. Currently leased to a well-regarded local beauty therapist, the premise presents beautifully - a real credit to the tenant, who has created a welcoming, high-quality space that clients love. Key Features: • Established tenant providing steady rental income • Premise presented to an exceptional standard • Affordable entry-level commercial investment • Scope to add value and enhance long-term returns • Located in the heart of Ranfurly township While the building would benefit from some remedial work to secure its long-term future, this has been reflected in the pricing - offering savvy investors the chance to add value over time. Opportunities like this are increasingly hard to find in Central Otago.
$200,000 + GST (if any)
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