45 Tiverton Street, Palmerston, Otago

Ever fancied owning a town?

Well you can't - but you can own a decent sized chunk of one with this versatile freehold multi-property commercial lot in Palmerston.

45-47 comprises a 148sqm dwelling on a 522sqm parcel featuring 2 bedrooms, bathroom, open living and decking with spa ideal for on-site accommodation if managing the other three properties. A portion of land (522m2)is leased from the Council for $125 per month.

49 is 100sqm retail set-up with toilet, shower and shop frontage leased as a second hand store while 51 covers a 180sqm floor plan on a 480sqm (free-hold)site currently used as stock storage.

Totaling 428sqm floor area on a combined 1087sqm(free-hold) site and a further 522sqm (leased) benefitting from high volume pedestrian and vehicular traffic, nearby parking and a high profile street frontage.

A rare and unique proposition that with a little vision and imagination could be transformed into something.

Call Leeanne Schieving for more information.

By Negotiation Over $509,000 Plus GST (if any)

Please be aware the floor and land area information has been sourced from Property Smarts/Property Guru and we have not been able to verify the accuracy of the same.