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3355 Ida Valley - Omakau Road, Oturehua, Central Otago, Otago, 5 Bedrooms, 2 Bathrooms, Home & Income

Enquiries Over $900,000

3355 Ida Valley - Omakau Road, Oturehua, Central Otago, Otago

5
2
4047m2
Home & IncomeListed on Tue Oct 31

Oturehua 5 Bedroom Great Lifestyle - Home, B&B, Shop & Post Contract

Welcome to Oturehua, the enchanting village nestled in a renowned part of Central Otago on the halfway point of the Otago Central Rail Trail. Here, a wonderful lifestyle opportunity awaits you in a warm and inviting community. This extraordinary property boasts not only a large family home with lifestyle living but also three businesses offering multiple income streams, making it an exceptional package.

Step into history with this original Gilchrist family home, featuring a spacious kitchen, a comfortable lounge area, three bedrooms, family bathroom and a separate laundry room. All heated with a log burner and two heat pumps.

Adjoined to the main house and being used for B&B accommodation is one large multi-bedroom, one double bedroom, a bathroom, and a small lounge area with space for a kitchenette. Ideal for guests exploring the Otago Central Rail Trail. Three further rooms that formally housed the Gilchrist store which once renovated, have endless possibilities for your own business ventures or expand the current ones.

The property sits on a generous 4047 sqm section, offering plenty of space for pets and gardening enthusiasts to relax and enjoy.

This sale includes businesses that are run out of the Gilchrist store located next door, this building is leased from the local community along with the memorabilia from yesteryear for tourists to enjoy. The NZ Post Contract, Rural delivery business serving RD1 and RD2 Oturehua and eight other Central Otago districts and the Retail Convenience/Tourist Store. This store caters to locals and tourists alike, offering a range of souvenirs and conveniences, it is well supported by local standing orders which provide annual income returns, it is thought to be the oldest continuous general store business in NZ, established 1899.

Discover the perfect blend of history, community, and opportunity in the heart of Oturehua.

This charming property offers a piece of local heritage and a unique lifestyle for those seeking the perfect work-life balance.

Location

Council Data

Last update : 2024 07 03
Improvement value$240,000Increased by 50% from year 2019
Land value$180,000Increased by 63% from year 2019
CV(Year 2022 Month 10)$420,000Increased by 55% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area4047m²
Floor area310m²
Decade of construction1903
TitleOT135/251
Type of titleFreehold
Legal descriptionSEC 285 BLK I BLACKSTONE SD
CouncilOtago
Estate descriptionFSIM,1/1,SECTION 285 BLOCK I BLACKSTONE SURVEY DISTRICT,4047m2
ConstructionExternal Walls: Roughcast Roof: Iron
ConditionExternal Walls: Average Roof: Average

Property history

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For developers

Unitary plan:-
Land:4047m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Ballarat Avenue
0.11 km
2
1
-m2
Year 2024 Month 04 Day 08
$445,000
Council approved
0.13 km
2
1
54m2
Year 2024 Month 03 Day 22
$450,000
Council approved
3366 Ida Valley Road
0.39 km
4
1
182m2
Year 2024 Month 03 Day 19
$650,000
Council approved
0.39 km
3
1
182m2
Year 2024 Month 03 Day 15
$650,000
Council approved
4199 Becks Lauder Road
13.59 km
3
1
126m2
Year 2024 Month 01 Day 26
$600,000
Council approved

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Ref:DUN38669Last update:2024-04-19 11:46:34