Develop and retire on this one...
186, East Street, Greytown, South Wairarapa
- Proposed Usage
- Floor Area
- 1430.00 m²
- Land Area
- 2823.00 m²
- Auction Date
- 11:00 - Dec 06, 2017
- Property ID
â¢ 33-bed purpose built accommodation complex being sold with vacant posession
â¢ Substantial upside - potential gross income upwards of $300,000 / annum
â¢ 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.