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5 Regent Street, Fairlie, Mackenzie

Offers Over $390,000

90m²

1,113m²

Commercial Zone, Retail or Development Potential

This Town Centre Zoned property has a large sized level section of 1113 sqm, with scope to develop your ideal dream business. Suitable for redevelopment. You could create storage, units/flats, or run your own specialist retailing business. The choice is yours.

If you have the know-how, this has potential written all over it!

Currently tenanted with the tenant happy to stay on, which means you could grow your investment portfolio and bide your time until you are ready to develop.

Built around 1910, with a floor area of 90 sqm, the home itself has two double bedrooms, one of which is a larger bedroom. Both bedrooms have open wardrobes.

A compact, updated bathroom with tiled floor off the hallway, with open plan kitchen/dining and lounge room which is long and spacious with a centrally located and consented (2013) Woodsman Miami free-standing log burner. Carpet throughout the living areas, hall and bedrooms.

The laundry has a separate toilet off it, room for a chest freezer and external access from here to the rear section via a covered porch, it also leads back into the kitchen. A mix of window joinery with some being single glazed aluminium and mostly original wooden doors off the hallway.

There are sheds for firewood and some open storage on a partially fenced section.

There's plenty of area for gardens to be established or space to house your big toys. A carport in place but needs some T.L.C.

Easy walking distance to the Main Street, shops plus local garages. Approximately 45 minute drive to Timaru, 40 minutes to Geraldine and 30 minutes to Lake Tekapo. Fabulous central location for your specialist retail business plans.

Think of your options and give us a call today.

Price : Offers Over $390,000 Considered.

Additional details

Type

House

Property ID

5J3GGX

Listed on

19/09/2024

Updated

11 hours ago

Open Homes1

Sat, 23 Nov

01:00PM - 01:30PM

Data

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OneRoof estimateRating valuationEstimate over timeProperty history

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Property data

Broadband available

Floor area

89m²

Land area

1,113m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Flooring

Total estimated cost is flooring

$5,194.80

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

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Fairlie, Mackenzie

Fairlie is a suburb which lies within the Territorial Authority of Mackenzie, one of 5 residential suburbs which form the wider region. Fairlie is the 2nd largest suburb of Mackenzie in terms of the total number of residential housing stock. Fairlie 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 1910 - 1919. Residential housing stock in Fairlie is made up of approximately 65% residential housing , 1% residential investment housing and 34% lifestyle properties.

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