House for Sale
- About this property
Home and Income OpportunityProperty ID OAM21992This fantastic opportunity includes a tidy character home plus includes a solid commercial investment opportunity in the heart of Kurow. Currently returning 9.8% gross, Leases in place for a very popular and busy Cafe, Butcher shop, yard with sheds,and a tidy 3 bedroom home. The previously tenanted engineering workshop is currently vacant, with this rented out again it would take the gross return even higher. Fantastic investment in a location that's tourism potential is only just starting to be realised.
Kurow is picturesque small town in the heart of the Waitaki Valley, approximately 45 minutes drive from Oamaru. It's a popular stop off point for cyclists on the Alps to Ocean cycle trail and located at the entrance to the Hydro Lakes area which includes Lakes Waitaki, Aviemore and Benmore.
Please contact Maree to find out more details about this great opportunity. Negotiable over $449,000 Price is plus GST if any.
InteriorHot Water Electric Kitchen Modern Dining Openplan Features Decking Floors Two Storey Heating Kent Style Fire
ExteriorFencing Fully Fenced Roof Iron Exterior Weatherboard Exterior Condition Good Aspect Westerly Water Extra Features Town Section Contour Level Sewage City
ChattelsDrapes, Washing Machine, Fridge/freezer, 3 Queen & 1 Single Beds, Cafe tables & chairs, Cafe food cabinet.
OtherClose to Schools, Close to Shops