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1A Warren Street, Oamaru, Waitaki

INVESTORS DREAM, 8.4% GROSS YIELD RETURN

dollar

Buyer Enquiry Over $649,000

House
House
Bedroom
6
Bathroom
3
Floor area
320m2
Land area
875m2
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Property details

Listing # L43457139 | Listed on 23 October

Positioned within easy walking distance of Oamaru's cafes, restaurants and shops, this charming 1915 property combines character, convenience and flexibility, complemented by town and rural views.

Currently configured as two separate units, the property presents an appealing opportunity for investors, owner-occupiers or those looking to restore it to one substantial family home.

The downstairs unit offers two bedrooms, a kitchen, lounge, additional living area and bathroom. The second unit spans two levels, comprising three bedrooms, two bathrooms, a spacious lounge and kitchen.

Both units are Healthy Homes compliant and currently providing a gross yield return of 8.4%.

Beautifully maintained throughout, the property retains plenty of original character alongside refreshed décor, creating an inviting combination of old and new.

Whether you choose to continue renting both units, live in one while generating income from the other, or explore converting the property back into a grand residence, the possibilities are well worth considering.

Buyer Enquiry Over $649,000

Contact Stephen Robertson 0274 731 112

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