Carterton - Prime investment with development potential

Description

Discover this exceptional property located on SH2 in Carterton, featuring a 2,848m2 residential land parcel (more or less) with a 550m2 building currently leased to the Royal Oak Tavern.
This buy-and-hold investment promises a high-percentage yield, offering a steady stream of rental income from the well-established tavern.
Situated in a highly visible and accessible location, the property benefits from its proximity to key transport routes, making it an attractive choice for investors. With ample room for future development and the potential for continued commercial use, this is a rare opportunity to secure an asset in a growing region.
Capitalise on the strong lease agreement in place and enjoy immediate returns while exploring the property's potential for appreciation and growth.
Don't miss your chance to invest in this prime piece of real estate in Carterton!