Incredible opportunity to own a slice of history, located in the heart of our beautiful world-famous historic precinct. This Heritage NZ Category 2 landmark is a beautiful example of its era. It has undergone updates to enhance its modern day use, and presents a fantastic opportunity for the dreamer and the believer.
This is the perfect development opportunity to set up an exciting new venture in this delightful seaside town. Would suit owner operator. Current leases include a bustling cafe, but much of the building is owner occupied, therefore suitable for an exciting new venture holding this prime tourism position.
Upstairs you'll currently find an artists haven, with scope for much more. A gift shop and car enthusiasts museum currently showcase the opportunities available on the ground floor.
A significant and outstanding building - now is the time!
Building only for sale. Land is lease hold - owned by the local council which is standard in our historic precinct. Price is by negotiation, and plus GST (if any). 80% NBS earthquake rating report available. Partly owner-occupied, so leases will be changing depending on the new owner - therefore Return on Investment figures are not available. Phone the agents for more information or to make a appointment to view.
1 Tyne Street, Oamaru, WAITAKI, OTAGO Historic Oamaru