1202 Coopers Creek - Peel Forest Road, Peel Forest, Timaru
price TBC
2,749m2
326m2
Peel Forest investment opportunity
This 2,749m2 (approx.) site in the heart of the lovely Peel Forest Village, is zoned Rural 1D, and comprises of two distinct buildings. The front half of the section contains an iconic commercial building, while the back half contains a private residential dwelling. The Commercial Building This 206m2 (approx.) 1970's concrete building has excellent street frontage and profile in the village, as well as convenient roadside customer parking directly in front of the building. The current anchor tenant is the popular 'Green Man at Peel Forest' licensed cafe that serves as a hub for the village and a destination for visitors to the area. The building currently contains a full commercial kitchen, toilet facilities, a modern log burner for heating, and large customer areas currently configured as a licensed cafe and function space that can be easily adapted to a variety of alternative commercial needs. The Residential Dwelling Further back on the site is a 120m2 (approx.) 1960's 3 bedroom weatherboard home heated by a log burner has open plan kitchen/dining/living, 1 bathroom and laundry area, and a separate toilet. Outside is a separate double garage, a hobbies space, one well fenced paddock suitable for running a few pet sheep, and lovely private views out over farmland. The current commercial lease stipulates that the commercial tenant also rents the dwelling via a separate rental agreement, therefore both properties are fully occupied providing solid returns. A new owner could either maintain the status quo being an offsite commercial landlord, or the potential opportunity exists to renegotiate the commercial lease and reside in the 3 bedroom house while receiving a return from the commercial building lease or to rent it out separately and remain off site. All scenarios present an opportunity for the astute investor! Viewing by appointment. For Sale by 'Offers Over $539,000' +GST on the Commercial Building Enquire for further information.
1202 Coopers Creek - Peel Forest Road, Peel Forest, Timaru
Web ID
GEC110390
Floor area
326m2
Land area
2,749m2
District rates
$3,614.07pa
LV
$155,000
RV
$430,000
price TBC
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About the location
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Blandswood is a small settlement within Peel Forest, consisting of mainly holiday homes which are located within the tree line of little Mt Peel. With the outdoors at your doorstep, it is a desirable area for outdoor recreation, native trees, and native birds. Just 20 minutes from Geraldine, and 1 hour 45 minutes to Christchurch, this home could easily be used as a permanent residence or holiday home. With 3 titles and 3064m2 of land, there is plenty of room to enjoy your own piece of paradise. Oozing plenty of rustic charm this home has two large double bedrooms with adjoining sunrooms opening out to a covered outdoor area. The kitchen has been modernised along with the bathroom and laundry area. An open plan living, and dining are kept toasty in the winter with both a log burner and heat pump. The ceiling has insulation, and the home has had a new roof in the last 3 years. Outside is an accessible horseshoe drive, which compliments a secure double garage with adjoining woodshed. If you are looking for somewhere to relax and enjoy the peacefulness of your surroundings then look no further.
By Negotiation
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This very tidy cottage in the unique Peel Forest area offers quiet, peaceful living just a 20 minute drive from Geraldine. The two double bedrooms are tastefully decorated with new carpet, drapes, feature walls and freshly painted throughout. The dining area opens up to the sunny back garden with deck. The separate living area is heated with a woodburner. There is a fabulous new kitchen which has gas hot water, a gas hob and also incorporates a washing machine. The bathroom is combined with a shower and toilet. The section is 1202sqm with established plants, shrubs and trees. Enjoy listening to the birdsong, entertaining and relaxing while sitting on the private deck. Plenty of storage with a large garage/workshop plus another separate garage. A delightful well presented cottage to enjoy along with all the recreational activities Peel Forest has to offer.
Deadline Sale
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This very tidy cottage in the unique Peel Forest area offers quiet, peaceful living just a 20 minute drive from Geraldine. The two double bedrooms are tastefully decorated with new carpet, drapes, feature walls and freshly painted throughout. The dining area opens up to the sunny back garden with deck. The separate living area is heated with a woodburner. There is a fabulous new kitchen which has gas hot water, a gas hob and also incorporates a washing machine. The bathroom is combined with a shower and toilet. The section is 1202sqm with established plants, shrubs and trees. Enjoy listening to the birdsong, entertaining and relaxing while sitting on the private deck. Plenty of storage with a large garage/workshop plus another separate garage. A delightful well presented cottage to enjoy along with all the recreational activities Peel Forest has to offer.
Deadline Sale
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