Situated right at the gateway to Thames on a large two title section. Selling as one package. There is lots of potential for further development of the land and buildings.

Tucked in behind a popular Thames motel and nestled adjacent to the local Thames gym. This 4 flat property (2 x 2 bedroom and 2 x 1 bedroom units) is nicely located close to town, with good access to local amenities and travel routes.

This property has two entrances, one being off the main road coming into Thames, and the other entrance off Fenton Street, making it easily accessible.

Nicely positioned to soak up full sun all day long - to make good use of two balconies on the eastern side for early morning sun, and one large balcony on the western side which runs the length of the upstairs area for the afternoon/evening sun.

Nicely landscaped grounds including seasonal fruit trees, with well maintained grass areas which creates a feeling of space for the long term quiet tenants - who at present consist of three single tenants occupying three of the flats and one retired couple occupying the remaining 4th flat.

Currently, the weekly return of these flats is $820. This property, being an old family homestead, was built to last and requires low general maintenance. Each flat has it's own hot water cylinder and own separate power supply. There is one outdoor rotary clothesline and two outdoor under cover clotheslines.

In one corner of the section, cosily sits tucked away an old wooden single garage, which has been fully insulated and lined - making it useful as extra accommodation. It has an east facing ranch slider door and a normal entrance door on the same side. It has a concrete floor with no coverings at this present time.

On the adjacent corner there is a large double garage with 2 tilting doors and a side door entrance - constructed of galvanised iron with a cobblestone floor.