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11 Pery Street, Ranfurly, Central Otago

Price by Negotiation

1,169m²

Home with Accommodation and Laundry Business

Commanding pride of place in Ranfurly's town centre, the former Post Office is currently operating as a backpackers & commercial laundry with owners accommodation upstairs. Perfectly located to take advantage of the iconic Otago Central Rail Trail & New Zealand's newest road trip - the spectacular Central Otago Touring Route.

Run the business as it is & enjoy living in the heart of Central Otago or explore the potential to re-purpose the backpackers into more long-term accommodation or even renovate into a family home. The self-contained upstairs apartment could provide an immediate income stream to support your investment while you decide how to proceed.

The backpackers contains a multi-bunk shared room, single bunkrooms, double & family rooms, comfortable dining & living area, well-equipped communal kitchen & multiple showers and toilets. The walk-in Postmaster's safe and separate strongroom are both fully operational & provide handy storage space.

Upstairs you'll find a comfortable two-bedroom, one-bathroom private residence with extensive views out to the mountains. Open plan from kitchen to dining & living and offering great indoor/outdoor flow to the sunny balcony. This home captures the warm Central Otago sun throughout the day & is kept cosy by the log burner on cool nights.

The commercial laundry operation is easy to run, combining seamlessly with the backpackers & is a significant part of the business. Customers include other accommodation providers, local businesses, sports teams & individuals. The laundry area also contains probably the last DVD hire outlet in New Zealand!

Ranfurly is a prosperous & growing town boasting a modern hospital & medical centre, excellent schools & recreational facilities, a host of clubs & activities to keep you busy & a friendly & welcoming community.

The Old Post Office is an interesting prospect for those in search of a home with income or an astute investment opportunity for someone with vision.

Price By Negotiation Plus GST (if any)

Additional details

Type

House

Property ID

ALE39694

Listed on

16/05/2024

Updated

4 days ago

Data

Property insights

OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

341m²

Land area

1,169m²

Type of title

Freehold

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Time (yrs)

5 yrs

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Flooring

Total estimated cost is flooring

$19,696.95

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Ranfurly, Central Otago

Ranfurly is a suburb which lies within the Territorial Authority of Otago, one of 23 residential suburbs which form the wider region. Ranfurly is the 4th largest suburb of Otago in terms of the total number of residential housing stock. Ranfurly provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Ranfurly is made up of approximately 86% residential housing , 2% residential investment housing and 11% lifestyle properties.

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