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78 Turumaha Street, Greymouth, Grey

Iconic Freehold Investment Opportunity

dollar

$350,000

House
House
Bedroom
1
Bathroom
2
Floor area
150m2
Land area
276m2
Title type
Freehold
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Property details

Listing # GYU224326 | Listed on 9 March

This property offers a solid investment with an established lease already in place, providing immediate rental income, while also presenting future development potential making this an exceptional opportunity to acquire a centrally located freehold property.

The property is currently leased and operating as Sante Fe Takeaways. The business itself is not for sale. All plant, equipment, and stock are owned by the tenant and are excluded from the sale.

The offering relates solely to the property, which comprises a one-bedroom unit, a large storeroom, store front and an updated bathroom. The open-plan kitchen and dining area connect to a comfortable living space, creating a practical and functional layout. Additional features include rear storage, a covered outdoor area, and a backyard.

Key Features:

•Industrial zoning allowing for a range of permitted uses
•Established lease in place providing holding income
•Freehold property with mixed-use capability
•One-bedroom accommodation with supporting amenities

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