+17

Pictures17

Map

1B Caledonian Road, Oamaru North, Waitaki

Price on Application

176m²

2,610m²

Oamaru Seaside Gem

Oamaru Seaside Investment Opportunity

Stunning Ocean Views | Prime Location | High Investment Potential

________________________________________

Why 1B Caledonian Road?

Imagine waking up to the sound of waves and witnessing New Zealand's most breathtaking sunrise right from your window. Located only 30 meters from the ocean, this rare commercial land is a one-of-a-kind investment opportunity in the heart of Oamaru's booming tourism industry.

Key Highlights:

• Prime Location - Steps from the ocean and within walking distance to essential amenities, including the New World supermarket.

• Tourist Hotspot - Close to the world-famous Blue Penguin Colony, historic Victorian Precinct, and Steampunk HQ Museum.

• Unmatched Natural Beauty - Experience golden sunsets reflecting on the sea, fresh ocean breezes, and the calming sound of waves.

________________________________________

Why Invest in Oamaru's Tourism?

Oamaru is one of New Zealand's fastest-growing travel destinations, with accommodation in high demand.

Tourism Growth & Attractions:

• World's Best Blue Penguin Viewing Site - A must-visit for wildlife lovers.

• Moeraki Boulders & Seal Colonies - Famous natural wonders attracting thousands of visitors yearly.

• Rich Victorian Heritage & Steampunk Culture - A unique blend of history and creativity that sets Oamaru apart.

• Limited Seaside Accommodation - High demand for quality stays means excellent investment returns.

________________________________________

Flexible Investment Options - Build Your Vision

Whether you're looking for quick returns or a long-term investment, this property offers diverse development possibilities:

Option 1: Guesthouse for Quick Returns

Convert the existing house into a 9-bedroom, 9-bathroom guesthouse, catering to the influx of tourists year-round.

Option 2: Boutique Motel or Holiday Park

Demolish the current structure and build a boutique motel or a coastal holiday park - a manageable investment with significant returns.

Option 3: House + Tiny Houses

Retain the existing house and add Tiny Houses in the backyard to create a diverse rental portfolio with both short- and long-term income streams.

Option 4: Dual Income Strategy

Start with a guesthouse conversion, then expand by adding a motel or holiday park, creating one of Oamaru's most attractive lodging options.

Option 5: Premium RV Park

Capitalize on New Zealand's growing campervan tourism by developing a high-end RV park, with or without the existing structure.

________________________________________

Why Invest Now?

• Rare Coastal Commercial Land - A highly scarce and appreciating asset.

• Booming Tourism Industry - Increasing demand for unique accommodations in Oamaru.

• Flexible Development & High ROI - Affordable investment with multiple revenue models to suit your vision.

• Unparalleled Views & Location - Ocean views like these are priceless and irreplaceable.

________________________________________

Secure This Once-in-a-Lifetime Opportunity

Breathtaking seaside properties are limited, and investment prospects like this don't last long.

Please be aware that this information may have been sourced from RPNZ/LLUR/REINZ/Property Guru/waitaki.govt.nz, and we have not been able to verify the accuracy of the same.

Additional details

Type

House

Property ID

HSS3945

Listed on

02/03/2025

Updated

03/03/2025

Data

Property insights

OneRoof estimate

Interested in Waitaki?

Find estimate

OneRoof mentions

Listed for sale on OneRoof for 52 days (last updated on 2 March). There are 42 4-bedroom properties for sale nearby. There are 222 properties for sale in Oamaru North.

Similar properties for sale

Open Home

Commanding views with unbeatable garaging

By Negotiation

32 Don Street, Oamaru

Open Home

Buyer Enquiry Over $599,000

11 Forth Street, Oamaru

Deadline Private Treaty

19 Clydesdale Drive, Oamaru

Open Home

Enquiries Over $819,000

8 Oakleigh Crescent, Oamaru

FEEL GOOD FAMILY HOME IN THE FENWICK ZONE

Enquiries Over $479,000

62A Upper Ure Street, Oamaru

Open Home

Enquiries Over $499,000

34 Weaver Street, Oamaru

Market insights

Insights for all bedroom homes in Oamaru North

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Median sales price

$410K

Capital growth

-0.88%

-7.13%5 yrs change

Home services

Mortgage Calculator

NEW

Fortnightly Repayments

Loan term

Total interest

Interest rate

Total cost

Press calculate to work out your mortgage repayments and how quickly you can pay off your loan.

Find out what you can afford Apply now

Disclaimer

Home Improvements Loan calculator

NEW

Solar Savings calculator

NEW

AMI House Insurance

NEW

On your side with these great benefits

Natural disaster cover for earthquakes, natural landslips, hydrothermal activity, tsunami, natural fires, & volcanic activity.

Temporary accommodation for you, your family, and your pets if you need to be evacuated from your home.

Get replacement keys and locks if yours get lost or stolen and pay no excess.

Access to AMI HomeHub, our first-class home repairer that brings together a team of experts to take care of your home claim repairs from start to finish.

Learn about these great benefits and more

*Exclusions and limitations apply. Talk to us about these or refer to the full policy document which can be found on our website.

Oamaru, Waitaki

Oamaru is a suburb which lies within the Territorial Authority of Waitaki, one of 24 residential suburbs which form the wider region. Oamaru is the largest suburb of Waitaki in terms of the total number of residential housing stock. Oamaru 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 Oamaru is made up of approximately 93% residential housing , 2% residential investment housing and 5% lifestyle properties.

Learn more