1016 Temuka - Orari Highway, Orari, Geraldine
$499,000 + GST (if any)
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Unique Orari opportunity – Priced below valuation!
My vendors have made a sharp price adjustment, so now is the time to act! Purchase as a home and income opportunity, where the commercial lease provides an income stream, or - Purchase as an investment property, receiving income from the commercial lease and renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. 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, kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, 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 set back and 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 held in a 2,000 litre tank and is on its own septic tank. Opportunities like this are extremely rare, so call Anna to 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
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$499,000 + GST (if any)
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This property is one of the best kept secrets up on the sought-after Downs of Geraldine, being completely screened from the roadside by well-established landscaping that welcomes an abundance of birdlife. As one enters the 6,859m2 property via the beautiful sweeping driveway they are greeted by park like grounds and a 164m2 1960’s concrete block, renovated home that’s well positioned to maximise privacy, mountain views, and sun. The home has a generous formal lounge and dining area with its own entrance that enjoys fantastic sun and mountain views flowing out onto a north facing deck ideal for entertaining family and friends. The lounge connects effortlessly to the family living area with modern log burner, that’s also well orientated and flows through to an open plan office area, heated by a heat pump, the outdoor deck, and the generous modern and very well-appointed kitchen with a gorgeous casual dining area perfectly positioned for morning sun. The two double bedrooms both have built in wardrobes with the master being double glazed and having mountain views, and to top it off there is a modern well-appointed bathroom. With new wool carpets and curtains throughout, the home is move in ready. But wait, there’s more! There is an additional separate double bed studio with bathroom that has been successfully operating as an established Air BnB, ideal for an additional income stream, or additional accommodation for family and friends. This property is also practical with a double garage and workshop connected to the house via a large covered double car port, excellent off street parking, areas to store caravans or boats, raised vegetables gardens, an orchard, garden sheds, ample 1.8 Units of Te Moana Water, and it’s on town sewer! You seriously need to come and view this property to truly appreciate it!
Buyers $885,000+
Be in quick! There is still one more section available at the end of Glenview Terrace in the new subdivision overlooking the Scenic Reserve, with power, water and sewage connection. The last section available is Lot 5 which is 1563 sqm. There is also the option for a house and land package to consider. Call now for a viewing!
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Discover the perfect opportunity to build your dream home on this generous 425m² section located on the desirable Mowbray Street in Timaru. With a prime location that offers both convenience and charm, this section is surrounded by established neighborhoods and is just a stone's throw away from local amenities, parks, and schools. Enjoy the benefits of a peaceful residential area while being close to the vibrant heart of Timaru. This blank canvas awaits your vision, don’t miss out on the chance to create your ideal living space in this quaint part of town! Call me now.
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