Develop and retire on this one...

186, East Street, Greytown, South Wairarapa

Auction

Proposed Usage
Industrial
Description:
Property ID
1c048jc

• 33-bed purpose built accommodation complex being sold with vacant posession
• Substantial upside - potential gross income upwards of $300,000 / annum
• Value-add or full scale development project for summer

Set on 2,823m2 of park-like surrounds, sits this 1,430m2 purpose built, former retirement complex in idyllic Greytown.

The property currently offers 33 individual beds, a commercial kitchen, common areas and a separate laundry. Residential zoning allows multiple options for this property's next stage of life.

Recently voted New Zealand's most beautiful small town, Greytown has long been considered a real gem of Wairarapa. Secure this development to be a part of this tightly held, thriving region.

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Greytown Area