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1 & 1A Davis Avenue, Ranfurly, Central Otago

Enquiries over $1,000,000

6,995m²

Lifestyle & Business

Opportunity is knocking loud and clear with this fantastic freehold property!

A beautiful 4 bedroom home with a 6 unit motel business set on a peaceful & generous 6,995sqm (+/-) section on Davis Avenue in Ranfurly.

Currently run as a "Home & Business", this property needs to be seen to be believed. It has recently been renovated keeping some of the old charm with new freshness and modern touches to make this a stand out property here in Ranfurly, Central Otago.

Picture perfect throughout with private and well kept gardens & grounds, your guests are able to take in the peace and serenity. Rest assured you'll have your own space and privacy away from the motels.

The Ranfurly Motels have a good occupancy rate and generate a good income. https://www.ranfurlymotels.co.nz/.

The Central Otago Rail Trail keeps the business busy, as well as guests throughout New Zealand.

Ranfurly has everything you need to start that lifestyle that so many of us are craving, a new school within walking distance and a new hospital, shops and cafes as well as fresh country air. There are mountain bike tracks in Naseby and walking trails only a short distance away.

Queenstown and Dunedin airports, both around a 2 hour drive away.

Don't delay, this is a fantastic property, get in touch today!

Additional details

Type

House

Property ID

MSG30495

Listed on

15/09/2024

Updated

8 days ago

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Time (yrs)

5 yrs

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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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