85 Mackay Street, Greymouth, Grey, West Coast

Located in the very heart of the downtown CBD of Greymouth we are offering a freehold half commercial and half residential building for sale. Please be aware the listing price is $700,000.00 + GST (if Any). The 120sqm upstairs fully furnished apartment has recently been completely and newly fitted out featuring two large double bedrooms both with built in wardrobes, one with ensuite, an additional family bathroom, new carpet and vinyl plank flooring, large open plan furnished living, modern entertainers kitchen complete with all modern appliances including an assortment of new cutlery, pots, pans and utensils. The exacting standards of the apartment continue with modern double glazing and full insulation throughout, the best of fire alarm systems, heat pump and you even get your very own balcony overlooking the town square. The downstairs part of the building is currently rented and occupied by the local central lotto outlet and gift store - any interested party should be aware that if vacant possession is required of the entire building that a full year's notice must be provided to the downstairs tenant from the date of possession. This really is an extraordinary opportunity to personally live centrally without having to get in a car for work, shopping or entertainment and have the added investment below. For those looking to simply have the building for investment sake, then the upstairs furnished apartment will conservatively return $500.00 per week as a long-term rental or you could consider an AirBNB style property with minimum two-night stays at potentially $250.00 per night. One could also consider due to the location of the building a mixed work from home office situation. Clearly, you will never be far from the downtown action with very quick access to the floodwall cycle trail, river, supermarket and schools. The building is engineered and rated at 67% NBS in respect of earthquake strengthening, so why not shake things up - call either listing agent to obtain any further information including confidential rental returns on the downstairs tenancy.