Substantial FHGC with Further Potential

Substantial opportunity including 30-unit motel and an entertainment & restaurant complex situated on the busy SH1 just north of the town centre.

Both businesses have a long history in Oamaru and are close to Centennial Park Sports Grounds, Oamaru Racecourse and secondary schools.

Local stadium development is now underway and creating a further need for accommodation in the area.

Oamaru, the largest town of the Waitaki District, has a rich history and proud heritage, enriched by the passionate and perhaps quirky locals.

Tourists love to explore this heritage in the Victorian Precinct. Foodies will love the area and nature lovers can visit the Oamaru Blue Penguin Colony, stroll through the Oamaru Public Gardens, or mountain bike at the Cape or Oamaru Reservoir.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

An Information Memorandum is available to download from our website coffeys.co.nz.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.

We would welcome your enquiry via this website or direct to JOHN CONNELLY.

Agency reference #: OS899