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Listing Description

Listed: Fri, 22 Mar

EXPECT A GREAT RETURN

25 Awamoa Road, Oamaru, Waitaki, Otago

Enquiries over $469,000

Details

  •   3 Beds
  •   1 Bath
  •   280m² Floor
  •   556m² Land
Other Features
  •   1 Garage parking
  •   Home & Income potential
AttributeValue
Property type
House
Capital value (CV)
$265,000
Parking
1 garage spaces
Agency reference
V4XGF3
Broadband in the area Fibre, ADSL, VDSL, Wireless

Description

Expect great returns with this building investment opportunity!

25 Awamoa Road, Oamaru - a prime commercial real estate opportunity! Located in the popular South Hill of Oamaru, this property offers dual income streams from the two current tenants, making it an ideal investment for those seeking substantial value.

Enjoy the benefits of multiple income streams from the same property, providing a solid foundation for your investment portfolio. Unlock additional value and increase your return with the opportunity for further development or enhancement.

Upstairs the three-bedroom flat is currently tenanted by the long-term tenant. Along with the well-equipped flat the tenant has great OSP & a carport available. Currently Health Homes compliant, generating a reliable income of $680.00 per week.

Downstairs the newly leased space is occupied by a commercial tenant, with a lease term of 2 years, with renewal options (final expiry date on the 28th of March 2030) enhancing the property's investment desirability.

Convenience is key, with parking available for tenants and visitors. Ease of access is ensured, streamlining logistics for business. Enjoy the strategic location just moments away from Oamaru's hustle & bustle yet being readily accessible.

This property is not just an investment; it's an opportunity waiting to be seized. Investors and developers alike will recognize the great potential for growth and substantial returns.

Enquire today and take immediate possession!

Buyer Enquiry Over $469,000 + GST (if any)

Contact Stephen Robertson on 0274 731 112


Open home times

No times scheduled

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Agent's details

Stephen Robertson

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Enquire about the property

LJ Hooker Oamaru, (Licensed: REAA 2008)

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