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84 Palmerston Street, Westport, Buller

Two Income Streams, One Unique Property

dollar

Asking Price $399,000

House
House
Bedroom
6
Bathroom
2
Floor area
260m2
Land area
405m2
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Property details

Listing # ARZ20319 | Listed on 17 September

Set in the heart of Westport's CBD, this beautifully renovated two-storey property has been brought back to life while retaining the character and feel of its era. Originally the site of the legendary Kiwi Milkbar, the property is now set up as two separate living units, providing two potential independent rental streams with combined income of approximately $700+ per week.

The vendors have put a huge amount of time, care and effort into this property, and it really shows. Work carried out includes floor levelling, insulation, repainting approximately three years ago, upgraded fire alarms, electrical wiring, plumbing and a lot more.

The result is a property that has been thoughtfully restored and very well presented, while still retaining the features and feel that make an older villa special.

The underlying commercial zoning adds another layer of opportunity, with the CBD location providing plenty of possibilities for the future, subject to the necessary approvals.

For an investor, the two separate living spaces provide two rental streams and a strong income-producing opportunity. Alternatively, live in one and rent the other.

This is a property that really needs to be seen to be appreciated. The vendors have put a genuine labour of love into it, and the finished result is something quite special.

It is certainly different from anything else on the market, and that's exactly what makes it stand out.

Please contact Brodie French to arrange a private viewing.

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