Tenanted and Good to Go

Offers Over $339,000

This solid 260 metre square two-level building is currently a residential rental, tenanted in two flats and producing a good return - and located right within the Motueka CBD on 518 metre square commercial-zoned land! Acquire this property as a rental, first property purchase, or future commercial development site, and you could potentially secure significant and long-term benefits.

The convenience is exceptional - ! Just a moments' stroll to the centre of town, with easy access to shops, schools, churches and recreation facilities - a proximity desirable to both residential and commercial tenants. First property purchasers who want to escape the rent trap can move in, throw away the car keys, rent out the second flat and save money before taking their OE or upgrading to the suburbs - or retain the property and consider rental/commercial options.

The setting couldn't be better - the busy, thriving horticultural and fishing town of Motueka - New Zealand' Top Town 2010 is set within the glorious surrounding natural and cultural playground of Tasman Bay, including the world-renowned Abel Tasman National Park, golden Kaiteriteri Beaches and Golden Bay, Rainbow Ski field and Nelson Lakes, with the prosperous port city of Nelson just a forty-five minute drive away.

The property, clad in freshly painted denim-blue concrete block and cream weatherboard, reflects it's tidy, minimal-maintenance section. A broad graveled driveway leads from the off-street parking area to additional rear off-street parking, where a double-door lockable garage and small washing line/vegetable garden space complete outdoor facilities. Inside, spacious and uncluttered floor plans incorporate some original aspects, like original paneled doors and casement windows with original opaque glass - while the bathrooms are fairly modern and d?cor throughout neutral.

The ground floor apartment is accessed at either the front of the dwelling, or through glass sliders to the rear. Featuring spacious proportions, the flat comprises three east-facing bedrooms, a large living zone, kitchen, bathroom, separate W/C and laundry.

The upper level apartment is accessed from the ground level via an internal stair, or exterior wooden steps to a wide timber balcony - plenty of room for the BBQ and a few loungers here, with views over the town east and north. Warmed by a fireplace, the upper level flat comprises three spacious bedrooms, living and kitchen zone and bathroom and separate W/C. The bathroom incorporates a shower over ? tub, with removeable shower head, wall heater and extra-long vanity. Linen cupboard, hot water cylinder cupboard, wood storage bin and laundry chute to a downstairs laundry space complete the fittings.

This commercially-zoned rental property's proximity of a few moments' walk to town is desirable to both commercial or residential tenants - whether you're an investor, developer, or first property buyer, the flexibility and options here will impress - and the numbers stack up.