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Eltham Median Price
Eltham Median Rent
Eltham rent price
Eltham schools
A113 High Street, Eltham
$550,000+ listed in Mar 2014
Accommodation: 9 Bed rooms 6 Bath rooms
Land size: 2,580 sqm [Measure]

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Property Description:
PRICE DRAMATICALLY REDUCED!

* Huge Potential for growth
* 9 Units - Family and Studio
* 2 Bedroom Owners Accommodation
* Complex only 5 years old
* Easily run by Husband & Wife

Freehold Motel for sale in friendly central Taranaki town of Eltham. Situated on state highway 3. Featuring 7 studio units, with coffee/tea/toast making facilities, and 2 x two bedroom family units. Owners accommodation features two large double bedroom each with their own ensuite, refurbished lounge dinning and kitchen facilities. On site laundry facilities.

This complex has been constructed over the last five years and built to a very high standard throughout. This complex is showing excellent returns on investment and showing consistent growth. Easily run buy a husband and wife team. Located in the centre of Eltham, within easy walking distance to the centre of town and local cafes,shops, art gallery and supermarket.

This complex is now ready for new owners to take it to the next level. Being sold as a going concern.A complete list of chattels etc is available on request. Viewing is by appointment only.

Local attractions include, Egmont Ski Field and local surf beaches only 15 minutes away. Picturesque lakes, Rotorangi and Rotokere Wildlife Reserve located within a 20 minutes drive. Five local trout fishing rivers, many other nature reserves, walks and attractions located within an easy drive of this centrally located motel.

Paper

Owners will consider lease to buy option say $350k ingoing and balance over two years @ 5% on first mortgage.

Please contact owner to discuss options.
Nearby Schools:
NameTypeDecileDistance
Eltham SchoolPrimary3294 meters
Rawhitiroa SchoolPrimary65.4 km
Te Kura o Nga Ruahine RangiCombined36.1 km
Stratford High SchoolSecondary410.4 km
Avon SchoolPrimary19.6 km
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The property data is from the public websites.

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