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80 Reed Street, Oamaru, Waitaki

ATTRACTIVE 6.9% GROSS YIELD

dollar

Buyer Enquiry Over $559,000

House
House
Bedroom
5
Bathroom
2
Floor area
144m2
Land area
1012m2
Garage
2
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Property details

Listing # L43457148 | Listed on 27 October

Elevated and centrally located, this spacious family home enjoys easterly views across Oamaru, offering a fantastic combination of comfort, practicality and future potential.

Set across multiple levels, the home provides four bedrooms and two separate living areas, with the upstairs living space, currently utilised as a master bedroom. With plenty of improvements already completed, including a new roof, much of the hard work has been taken care of.

A generous basement, double garage and workshop provide excellent storage and workspace, while extensive off-street parking offers plenty of room for additional vehicles, a boat or caravan.

Outside, the terraced backyard offers established gardens, a BBQ area and generous lawn space for children and pets to enjoy. The private 1012m2 section also benefits from additional access via Aln Street.

Adding further appeal is the potential to subdivide, subject to Waitaki District Council approval, with the possibility of creating an approximately 450m2 freehold section accessed from Aln Street.

Offering a gross rental yield of 6.9%, this property presents an appealing opportunity for investors, while its generous living spaces, elevated views and future potential make it equally attractive to families and those looking to maximise the possibilities of a substantial section.

Contact Stephen Robertson 0274 731 112

Buyer Enquiry Over $559,000

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