224 - 226 Palmerston Street, Westport, Buller

$350,000 + GST (if any)
407m2
Land Area
368m2
Floor Area

+1

Retail / Office Investment

This property is multi tenanted and has good returns. Currently three tenants providing $875 per week plus 50% of outgoings. Current nett $39,366. Freehold section of 407m2 and a building cover of approximately 368m2. The building will require seismic strengthening by 2034. Report available. Excellent location and well worth inspection.

224 - 226 Palmerston Street, Westport, Buller

Web ID

WEU163050

Floor area

368m2

Land area

407m2

District rates

$9283.10 pa

Regional rates

$415.61 pa

LV

$129,000

RV

$310,000

$350,000 + GST (if any)
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Contact


Garry Howard

Garry Howard

027 447 4371

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Property enquiry

Property enquiry for
WEU163050

About the location


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Secure the perfect opportunity to operate your very own cafe and restaurant situated in a prime location at the entrance of Westport township. Nestled amongst the majority of Westports motels and just a two minute walk from the new Health Centre, you'll attract walk-in customers and new, regular, repeat guests. You will also be able to capitalize on the steady stream of potential customers that drive into town everyday and who appreciate an inviting place to stop and rest. This beautifully kept, charming cafe and restaurant, known as the Yellow House has mature gardens with stunning views of the hills. It is well known for its fine food and drinks, and both indoor and outdoor areas are ideal for hosting a variety of events. Take advantage of the existing business and buildings or create something new. This is an amazing chance to own your own business located in a brilliant area with massive potential for further growth. A popular destination for locals, out of towners and tourists, boasting a homey, cozy feel, friendly staff and chill atmosphere for customers to enjoy delicious food and drink. With living quarters out the back, this could be a passionate, foodie chefs ideal lifestyle. The restaurant is placed on a good sized piece of land, with ample parking, a very well-appointed open kitchen and all you need to get started. Imagine the possibilities, from the freedom of being your own boss to building on your own passion for this industry! This is definitely your chance to make something special. Don't miss out on this incredible opportunity. This property is being sold plus GST if any.

$670,000 + GST (if any)
1
Bathrooms

Fully fenced section that could be ideal for storage units, commercial operation or base for parking up. 488m2 freehold section that has remained high and dry. Services at roadside. Not many vacant sections zoned commercial and priced to sell. Price is plus GST if any.

From $90,000 + GST (if any)
3
Bathrooms

This property is multi tenanted and has good returns. Currently three tenants providing $875 per week plus 50% of outgoings. Current nett $39,366. Freehold section of 407m2 and a building cover of approximately 368m2. The building will require seismic strengthening by 2034. Report available. Excellent location and well worth inspection.

$350,000 + GST (if any)

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