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11 Pery Street, Ranfurly, Central Otago, Otago, 9 Bedrooms, 4 Bathrooms, House

Price by Negotiation

11 Pery Street, Ranfurly, Central Otago, Otago

9
4
1
1169m2
HouseListed on Thu May 16

Ranfurly 9 Bedroom Home with Accommodation and Laundry Business

Commanding pride of place in Ranfurly's town centre, the former Post Office is currently operating as a backpackers & commercial laundry with owners accommodation upstairs. Perfectly located to take advantage of the iconic Otago Central Rail Trail & New Zealand's newest road trip - the spectacular Central Otago Touring Route.

Run the business as it is & enjoy living in the heart of Central Otago or explore the potential to re-purpose the backpackers into more long-term accommodation or even renovate into a family home. The self-contained upstairs apartment could provide an immediate income stream to support your investment while you decide how to proceed.

The backpackers contains a multi-bunk shared room, single bunkrooms, double & family rooms, comfortable dining & living area, well-equipped communal kitchen & multiple showers and toilets. The walk-in Postmaster's safe and separate strongroom are both fully operational & provide handy storage space.

Upstairs you'll find a comfortable two-bedroom, one-bathroom private residence with extensive views out to the mountains. Open plan from kitchen to dining & living and offering great indoor/outdoor flow to the sunny balcony. This home captures the warm Central Otago sun throughout the day & is kept cosy by the log burner on cool nights.

The commercial laundry operation is easy to run, combining seamlessly with the backpackers & is a significant part of the business. Customers include other accommodation providers, local businesses, sports teams & individuals. The laundry area also contains probably the last DVD hire outlet in New Zealand!

Ranfurly is a prosperous & growing town boasting a modern hospital & medical centre, excellent schools & recreational facilities, a host of clubs & activities to keep you busy & a friendly & welcoming community.

The Old Post Office is an interesting prospect for those in search of a home with income or an astute investment opportunity for someone with vision.

Price By Negotiation Plus GST (if any)

Location

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Council Data

Last update : 2025 01 15
Improvement value$270,000Increased by 12% from year 2019
Land value$185,000Increased by 60% from year 2019
CV(Year 2022 Month 10)$455,000Increased by 28% from year 2019
Land area1169m²
Floor area341m²
TitleOT12C/1126
Type of titleFreehold
Legal descriptionLOT 1 DP 20993
CouncilOtago
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 20993,1169m2
ConstructionExternal Walls: Mixed Materials
Roof: Mixed Materials
ConditionExternal Walls: Mixed
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St John's School (Ranfurly)
0.58 km
Primary
1-8
Government
Co-Educational
EQI: 393
8

Property history

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Pery Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
36 Charlemont Street, Ranfurly
0.41 km
2
1
-m2
Year 2024 Month 11 Day 25
$469,500
Council approved
13 Thomas Street, Ranfurly
0.29 km
3
1
180m2
Year 2024 Month 10 Day 01
$469,000
Council approved
52 Bute Street, Ranfurly
0.46 km
4
150m2
Year 2024 Month 09 Day 13
$470,000
Council approved
18 Bute Street, Ranfurly
0.37 km
3
1
142m2
Year 2024 Month 09 Day 02
$439,000
Council approved
18 Dungannon Street, Ranfurly
0.47 km
5
292m2
Year 2024 Month 08 Day 20
$700,000
Council approved

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Ref:ALE39694Last update:2025-01-04 11:15:36