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71 King Edward Street

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71 King Edward Street, Motueka,
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  • 2 Garages
  • 1,050.00 m2 Floor

Exceptional Freehold Land Opportunity

Here you have a highly unusual opportunity to secure almost a hectare (0.9793ha) of freehold land in an area already earmarked by the Tasman District Council for further rezoning and redevelopment, bringing with it potentially substantial future financial upsides.

The property which has two separate entrances from King Edward Street is a mix of Residential and Rural 1 (deferred residential) zoning, which along with the Tasman District Council’s recent purchase of a large industrial site nearby with the stated intention of developing the much sought-after Motueka Swimming pool, should really make investors take note as opportunities like this almost never become available.

This is currently the location of popular Motueka Garden Motel which comprises 18 units of varying sizes, a manager’s residence and other general amenities. This property should be at the absolute top of your list!

The business lease is also available to purchase for Offers Over $580,000 + GST (if any). Check out the listing: Motueka Garden Motels, or contact Roar Kristoffersen for more information.

 

Property Information Booklet

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General Property Information

Address: 71 King Edward Street, Motueka
City:
Country: New Zealand
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Property Id : 57249
Property Size: 1,050.00 m2
Property Lot Size: 9,793.00 m2
Joinery: Mixed
Main Power Supply: Mains Power
Main Water Supply: Bore Water
Garages: 2
Garage Size: 2 cars
Exterior Cladding: Mixed
Other Features
Balcony
BBQ Area
Built-in Wardrobes
Carpet
Carport
Electric Water Heating
Flat
Freehold Title
In-ground Pool
Landscaped Garden
Manager's Residence
Off-street parking
Partially Fenced
Partially Insulated
Patio
Sealed Driveway
Separate Laundry
Street Frontage
Two Sealed Driveways

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Roar Kristoffersen

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