1016 Temuka - Orari Highway, Orari, Geraldine
From $545,000 + GST (if any)
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Unique Orari Opportunity – Land and Buildings
This offering presents numerous opportunities. Purchase it as an investment receiving income from the commercial lease and by renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. It could also be purchased as a home and income opportunity, where the commercial lease provides an income stream – 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 and kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, and 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 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, 2,000 litre holding tank and is on septic tanks. Important note: The price is + GST (if any). Call Anna to find out more and arrange your private viewing.
Chattels
1016 Temuka - Orari Highway, Orari, Geraldine
Web ID
GEU201406
Floor area
250m2
Land area
2,233m2
District rates
$4,744.20pa
LV
$135,000
RV
$415,000
3
1
2
From $545,000 + GST (if any)
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