Te Aroha - Central Te Aroha home and income

Description

• 3-bedroom residential apartment
• Commercial premises returning $25k p/a
• 472m2 section

Ideally located in the heart of Te Aroha's main street, this property includes a stunning 3-bedroom apartment combined with commercial premises currently returning rental income of $25,000 p/a. The apartment and commercial premises are completely independent of one another with separate access to both.
Entering the apartment through the wrought iron gates at the front of the property is like a walk back in time into this stunningly renovated two storey residence which has to be seen to be believed. A stylish entry foyer greets you upon entry, and the grand sweeping staircase leads you upstairs to a modern apartment which has been renovated and finished to a high standard.
Upstairs, the apartment includes a country-style kitchen, open plan living and dining, 2 bedrooms and a sunny conservatory with views out to Mount Te Aroha. Downstairs is a library and an additional lounge/bedroom area with private courtyard.
Whether you're looking a home and income opportunity, or a pure investment with dual income streams from the existing commercial tenant and short-term accommodation options, this unique property demands your attention!
Call today for more information or to arrange an inspection. Viewings by appointment only.