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70 Hoods Road, Mount Somers, Ashburton, Canterbury, 0 bedrooms, 0浴, Industrial Buildings

$590,000

70 Hoods Road, Mount Somers, Ashburton, Canterbury

480m2
4047m2
Industrial BuildingsListed on Mon Apr 22
$3,505/Monthly repayments
Based on estimate value
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Mount Somers Vendors Instructions are to SELL!!

The Mt Somers tavern presents a lucrative investment opportunity in a rapidly growing area. The region has experienced exceptional growth, with lifestyle properties emerging and numerous tourist attractions nearby. Some of these attractions include skiing at Mt Hutt, power and sail boating at Lake Camp and Lake Clearwater, ice skating at the newly opened Staveley rink, as well as various walking, hiking, and cycling opportunities. While Mt Somers has historically been known as a quiet country town, the recent trend of remote work and the desire to enjoy the outdoors has brought about significant changes. Despite its potential, the tavern has been underutilised for some time and requires a fresh approach. However, one of its notable features is the sizeable land it occupies, measuring 4047 sqm, which presents potential subdivision opportunities. By acquiring the Mt Somers tavern, you have the chance to revitalise and capitalise on the growth in the area. The combination of the tavern's potential, the scenic surroundings, and the subdivision opportunities make it an enticing investment prospect. Conduct thorough due diligence and market research to assess the viability and profitability of the venture.

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Ref:ASH39579Last update:2024-04-23 12:41:10