Located on State Highway One in the CBD of Oamaru, this property presents an exceptional investment opportunity with multiple income streams.
The ground floor is secured by a long-term commercial tenant on a fixed-term lease, providing stable rental income. Upstairs, the property features two residential flats, one-bedroom and two-bedroom units, with tenants currently in place.
With an IEP report of 50% and an approximate return of 7.66%, this is an opportunity not to be missed.
Enquire today for an Information Memorandum.
Buyer Enquiry Over $390,000 + GST (if any)
Contact Stephen Robertson at 0274 731 112