Priced to sell at a price by negotiation over $579,000 for both.
Move in and enjoy a mortage free life as the sellers loss is your gain.
This unique proposition is priced well below an independent valuation of $780,000 and actual build and renovation cost, an ideal time to secure a home-and-income setup with spectacular views towards the Rock and Pillar ranges.
1 - The original Jailhouse Cottage has been lovingly renovated and previously operated as short-term accommodation. A warm and welcoming two-bedroom home features cosy interiors, a fabulous use of colour, pellet fire, double glazed and updated. There’s even a original 2-cell lockup.
2 - Alongside, a modern 2023 built Versatile built 2 -bedroom home offers a luxurious retreat or another potential income stream of choice. With high-spec features throughout including a fire sprinkler system, pellet fire, HRV system, heat-pump and a beautifully appointed kitchen and generous open plan living make it both stylish and practical. It also has an impressive bathroom with walk in shower.
Both properties enjoy gated parking and stunning sun-drenched all day sunshine and gorgeous views out towards the mountain range.
Whether you're looking to revive the B&B business, live in one and use the other as a permanent rental.
Even keep both for extended family living, the possibilities here are endless.
Image living in the new build and having your own studio alongside even!
With the Otago Cycleway right on your doorstep it’s a magnet for biking enthusiasts exploring the countryside. Unbeatable lifestyle location with income potential built in, all less than an hour from Dunedin and new hospital. Affordable, flexible, and full of character - this is an incredible chance to live the dream and earn at the same time.
# Home and income
# Possible rental investment options
# Multi home
Its right opposite the showground, and there’s a golf course, swimming pool, bowling plus more.