469 Thames Highway, Oamaru, Waitaki

Multi-use vacant hospitality / accommodation

Are you looking for an investment with immediate upside?
Here sits a multi-use vacant property with ability to make immediate returns, while you are adding value to the rest.
Situated right next to State Highway 1, with angled parking right at the door. This property is situated close to four schools, one of the main local sports grounds and has a strong historical reputation with the locals. This vacant property is just waiting to fly!
Including a large ex-cafe with full commercial kitchen (historically the much loved Tui milk bar), with upstairs three bedroom residence, which has been recently re-roofed.
Three stand alone, self-contained units (previously operated as a motel and as an Airbnb) adorn the immaculate back yard. They stand ready to go, providing a new owner with opportunity for immediate short-term rental income.
May suit an owner/occupier looking for a place to set up your business, with space for the family to live and income provided from the units or an investor looking to lease out some or all of the separate spaces.
The property is set on an 837sqm (more or less) freehold site with residential zoning.

Contact the sole agents today. The vendors are committed to a sale.