Someone's Lucky Day

TENDER (plus GST if any) closes Friday 25 October 2019 at 1.00pm - 2 Limerick Street, Alexandra - Will not be sold prior.

Are you into development - investment - retirement with an income - or a small motel operation. With the 4 bedroom + office (house) and the motel units both on their separate titles various opportunities certainly exist.
For the developer/Investor: The opportunity exists to extend the number of units as the motel title is some 5647m2. + (House title) 1348m2

For Central Otago Rail Trail Operators: Opportunity is there currently to accommodate 26 - catering for the larger groups in one venue.

For family living :(wanting to get away from city living) - the house will accommodate a bigger family & motels will provide an income stream. With the 6 units in the main currently being managed by 1 person with assistance in the peaks - the business would be ideally suited to a couple.

Semi retirement: Coming away from a farm or city living and not being ready for full retirement - this is a possible next step/option.

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Property Documents


Main Property Features

Listing Number: AR1816

Land Size:
6995 sqm
Property Type:
Home & income
Property Features:
Smoke alarms
Roof:
Iron
Tenure:
Freehold
Tenure Detail:
OT7B/691 - Lot 1 DP 16448 - 5647m2
Property condition:
Good
House style:
Contemporary
Garaging / carparking:
Tandem, Open carport, Off street
Construction:
Corrugated Iron and Brick
Joinery:
Aluminium
Insulation:
Ceiling
Flooring:
Carpet and Vinyl
Window coverings:
Drapes, Net curtains
Heating / Cooling:
Under floor, Woodfire (Stove), Electric, Other (Metro Extreme Ped)
Chattels remaining:
Fixed floor coverings, Stove, Curtains, Drapes, TV Aerial/Satellite Dish, Dishwasher, Rangehood
Kitchen:
Original, Open plan, Dishwasher, Upright stove, Rangehood, Breakfast bar and Finished in Other (Painted)
Living area:
Open plan
Main bedroom:
Double and Built-in-robe
Bedroom 2:
Double and Built-in / wardrobe
Bedroom 3:
Double and Built-in / wardrobe
Bedroom 4:
Single and Built-in / wardrobe
Bedroom 5:
Double
Bedroom 6:
Double
Bedroom 7:
Double
Bedroom 8:
Double
Bedroom 9:
Double
Bedroom 10:
Additional Info (Bedrooms 11 to 14 - Double) and Double
Additional rooms:
Office / study
Main bathroom:
Bath, Separate shower, Heater, Additional bathrooms
Laundry:
Separate
Views:
Private, Rural, Urban
Aspect:
North, West
Outdoor living:
Entertainment area (Uncovered and Concrete), Clothes line, Garden
Fencing:
Partial
Land contour:
Flat
Grounds:
Backyard access, Tidy
Garden:
Garden shed
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to shops
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Your enquiry has been sent. Thank you.

Harcourts Alexandra

Highland Real Estate Group Ltd

Licensed REAA 2008

2 Limerick Street
Alexandra
Office website or View office details

Property Location