


Listing Description
HOME AND COMMERCIAL - ENDLESS POSSIBILITIES
29 Royal Terrace, Alexandra, Central Otago, Otago
Asking price $695,000
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $520,000 |
Agency reference | RX4558373 |
Broadband in the area |
Description
A rare opportunity to secure a fully renovated 1960's home paired with the iconic Terrace Store commercial frontage, offering exceptional flexibility for investors, business owners or those seeking a work from home lifestyle. Set on a generous 793 m2 section with dual street access, the property features a beautifully updated three bedroom, one bathroom residence boasting a stylish new kitchen, modern family bathroom, separate toilet and excellent heating with a freestanding woodburner. Two plus off-street carparks are an added convenience. The front of the property, is a 100 m2 (approx.) commercial space, previously trading as The Terrace Store. The shop frontage is in average condition and presents exciting potential for renovation. With a separate entrance and great street exposure, it’s ideal for boutique retail, professional offices, consulting rooms, or creative studio space (subject to council approval). This is a golden opportunity in sunny Alexandra to own a unique property that combines lifestyle, investment, and business possibilities. Properties like this are seldom available in Alexandra. Don’t let this pass you by, call today for further information.
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