Lifestyle and income potential – Vendor Finance

Here is the opportunity to secure a well-established residential/commercial premises along a major arterial route, benefitting from multiple income streams and very low overheads.

For the owner occupier there is the opportunity for an enviable lifestyle with income, while the astute investor will recognise the potential and opportunity that this property offers with the potential of VENDOR FINANCE to qualifying buyers.

Rural properties such as this offer stable income streams with very low volatility. This rural land offers plenty of opportunities to investors who are willing to think outside the box.

The ‘Summit Kiosk’ consists of a roadside cafe, residential accommodation including a dwelling and a 3 bedroom dormitory. It is situated on approx 2,729m² site within the rural locality of Te Haroto. Located approximately 63 kilometers from Napier and 78 kilometers from Taupo. With the option to reconfigure separate accommodations this property allows for a family home and business to run separately or even as multiple dwellings.

The property also lends itself to accommodation type investment as the local area is in high demand for workers housing and accommodation attached to forestry outfits and the Harapaki Wind Farm Project (approx. 15km away) This could be a good windfall income stream in the right hands.

The house was relocated on site in 1990 from Napier and the original cafe was built in the 1960s. The property has benefited from improvements over the years, extension of the cafe in 1994 and 2010 when improvements were made to the kitchen and bathroom.

Key features Vendor Finance Land area: approx. 2729m² Rentable floor area: approx. 330.7 m2 6-bedroom Dwelling Well maintained Kitchen/cafe

For more info call

Iain Bradley 0212814007

or

Angelo Broadhurst 021757335