306 Palmerston Street, Westport, Buller

price TBC
1,237m2
Land Area
490m2
Floor Area

Rare opportunity, Freehold, Going Concern

Located in the West Coast town of Westport, the motel is on a busy main street within walking distance to the main shopping area, Coaltown museum, restaurants, pubs, walking/cycling tracks and the Buller River. This well-established motel offers eight self-contained studio units and two x two-bedroom family units. Guests have full laundry facilities an off-street courtyard parking. There is also a spacious owners/managers villa which has an open plan kitchen, dining, lounge area, four bedrooms and a private courtyard. Westport is a great base from which to explore other attractions the West Coast has to offer including Pancake Rocks, Karamea, Cape Foulwind Seal Colony, an abundance of beaches and so much more. This motel offers the opportunity to live in a beautiful West Coast town and flexibility often sought by purchasers with a great lifestyle. This is being sold as a freehold going concern. Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum. This is available upon request, inspections welcome. The Property is being sold "As is where is" and plus GST if applicable.

306 Palmerston Street, Westport, Buller

Web ID

WEC109496

Floor area

490m2

Land area

1,237m2

District rates

$11,335.80 PA

Regional rates

$688.74 PA

LV

$155,000

RV

$830,000

price TBC
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Contact


Jo Makutu

Jo Makutu

027 327 7240

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Property enquiry

Property enquiry for
WEC109496

About the location


Satellite

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These 4 large sections are just screaming out for owners, just choose which one suits you. North facing, these sections have unspoilt mountain views and all services are to the boundary. Quiet, semi rural Location only 10 minutes walk from Town Centre, Schools and Supermarkets. One dwelling only per section permitted as per Resource Consent. Sold subject to Certificate of Title.

$75,000
3
Bedrooms
2
Bathrooms
2
Garages

Just minutes from Westport this home offers a wonderful standard of living in an excellent semi-rural setting. Extremely modern decor with ease of living as a main feature, spacious rooms and relaxing mountain views from the lounge. Very well appointed with Chef's oven, trendy bathroom and generous en-suite. Outside over 2 acres of easily maintained pasture awaits your personal touch as you establish this home and make the property your own. Includes option of 4th bedroom or study. This property has the potential to easily achieve $360 in rental income per week (4.1% return of investment) and has proven to be a reliable property to tenant. Buy now while the prices are good to secure your retirement dream in the future.

$450,000
2
Bedrooms
1
Bathrooms
1
Garages

This solid and tidy spacious Summerhill-Stone unit represents great value for money. An ideal first home or investment close to town, this two-bedroom little gem low maintenance unit aims to please! Immaculate, tidy and convenient in a great location on a quiet section close to the recreation centre and town. Proven ability to attract long term tenants make this a good buy for shrewd investors. Easy care gardens with its own single garage suitable for a small car or providing added storage or a workshop space. Make the move at an affordable price and enjoy your time. Take all the fuss away and take life easy. Will achieve $270p.w return in rent.

$194,000

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Terms of Supply

By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
  • By requesting the Information Files, you give consent for the real estate agent to communicate with you.