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136 Palmerston Street, Riverton, Southland, 0 bedrooms, 0浴, Hotel Motel Leisure
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$1,150,000

136 Palmerston Street, Riverton, Southland

370m2
1012m2
$6,832/Monthly repayments
Based on estimate value

Riverton, Southland.

This iconic character building set in Riverton, on the southern coast of Southland, has been meticulously and lovingly maintained - as reflected in its exceptional bill of health in recent engineer's reports.

Currently showcased as a short-term boutique accommodation, La Riviera boasts two beautifully appointed and self-contained ground floor apartments, each afforded their own semi-private courtyard offering guests the opportunity for both quiet relaxation and entertainment. The superbly renovated upper level consists of five bedrooms - two of which have ensuites, plus two separate bathrooms, a large kitchen / dining area adjoining a beautiful lounge that flows onto a North-facing deck with stunning unobstructed views of both the Jacob's River estuary and the Takitimu mountains. This part of the premises has been most recently utilised as the owner's private residence.

Part of the package are the two sections to the rear of the property, with the potential for further future development.

While the current owner has followed their vision in the accommodation sector, this amazing property lends itself to so many different potential adventures, such as:

* Owner accommodation upstairs, Airbnb or similar downstairs apartments

* Downstairs used for shopfront

* Potential for caravan park and/or chalets on the vacant two sections at the rear of the property with unobstructed views of the estuary

Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

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Property history

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For developers

Unitary plan:-
Land:1012m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
77 Tihaka Beach Road
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$830,000
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31 Violet Street
0.36 km
2
1
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$610,000
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Last update:2023-08-09 13:15:39