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Oamaru North 1A College Street, Oamaru North

3 Bedrooms1 BathroomID OML232015
From $625,000

INVEST, OCCUPY OR EXPLORE THE POTENTIAL!

1A College Street, Oamaru - Immediate Rental Income, Industrial Zoning & 6,546m² of Opportunity!
A unique opportunity to secure a substantial landholding in a convenient Oamaru location, combining established rental income, excellent privacy and exciting future possibilities. Positioned on approximately 6,546m², this three-bedroom home offers space and flexibility rarely found so close to town, with easy access to Oamaru's shops, schools, services and amenities. For investors, the numbers are already working! The property is currently returning $550 per week, with a 12-month fixed-term tenancy in place and professional property management already established. This provides immediate rental income and makes it an appealing addition to an investment portfolio. But there's more to this property than just the rental return! With its Industrial zoning, the property presents an interesting opportunity for purchasers looking to combine residential living with business activities. Whether it's operating a home-based business, establishing a contractor's base or exploring purpose-built commercial premises, the generous land area provides plenty of possibilities, subject to Council requirements and any necessary consents.The substantial section also offers excellent scope to add value over time, whether through modernising the existing home, improving outdoor living areas or exploring alternative uses permitted under the property's zoning.
Property Highlights
6,546m² of land - Generous space, privacy and flexibility
Three-bedroom home - Established residential accommodation
$550 per week rental income - Immediate cash flow
12-month fixed-term tenancy - Professional property management in place
Industrial zoning - Potential home-based business or commercial opportunities
Future value-add potential - Renovate, improve or explore further development options
Convenient Oamaru location - Close to town amenities and services
Income today, opportunities tomorrow!
Whether you're a rental investor seeking immediate returns, a business owner planning for the future or someone recognising the potential of a substantial Industrial-zoned landholding, 1A College Street deserves your attention.
Contact Jeff Wright or Barry Meikle at Property Brokers to discuss this opportunity further or arrange a private viewing.
Property Brokers - Proud to be here!
CHATTELS  Clothesline   |   Electric Stove - Double   |   Letterbox   |   Light Fittings   |   Satellite Dish (Sky)   |   Fixed Floor Coverings   |   Garden Shed   |   Heat Pump (x1) and Remote (x1)   |   Satellite Dish   |   Night Store Heater
Features
Area | 140.00m2Land | 6546 m2
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Michael Richardson

M  027 228 7027  P  03 687 7145

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