Marlborough Median PriceMarlborough Median Rent | A26 Waikawa Road, Picton | $749,000+ listed in Mar 2014 | Tourism/Hotel/Motel: | Land size: 862 sqm | Building size: 350 sqm [Measure] | Agent: Picton Property Centre Ltd |
|
| More Photos |
Map | Street view | Nearby | Property Description: | This group of 4 units in a solid 70's motel block lie in a prime position, one block back from the waterfront and amidst other quality tourist accommodation options. The office has a street presence with high density foot traffic and could be expanded for other opportunities. The units all have a separate bedroom, bathroom and kitchen and again could be modernised to a more contemporary, super efficient and cost effective layout but offer good returns as is. The jewel in the crown is a large flat area outback, that is waiting for development into more units or the managers dwelling. The owners have other paths to follow and offer this opportunity to a creative developer. Call for more details! |
| | |