1 Orari Station Road, Orari, Timaru

Nestled at 1 Orari Station Road, Orari, this Freehold property boasts a 170sqm floor area and is spread across a vast 2,725sqm land. Constructed with wooden walls in good condition and an average iron roof, this commercial-retail property was once the Orari post office, meticulously renovated to house the popular Cafe Mes Amis. The property's CV has seen a remarkable increase of 42%, from $500,000 in 2020 to the current $710,000. The latest sale was recorded at $858,000 in 2024, showcasing its investment potential. The HouGarden AVM estimates the property's value at $690,000, making it an attractive opportunity for potential buyers.

With a rich history and prime location, the property is within the catchment area of esteemed schools such as Geraldine High School (Decile 8) and Geraldine Primary School (Decile 8), Winchester Rural School (Decile 7), St Joseph's School (Decile 6), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring quality education for the family.

Cafe Mes Amis, a bustling licensed eatery, has become a local favorite and a destination for visitors. The business has thrived even during the pandemic, adapting to the changing times and catering to the community's needs. This property offers not just a successful business but also a real estate investment with immense growth potential.

Updated on August 01, 2024