12-14 School Road
Your opportunity to purchase rental accommodation in Fairlie. Take advantage of worker accommodation shortage in both Tekapo and Fairlie. Update to motel units or add to existing business. Currently four studio units and one one-bedroom unit. All self contained. Large 2024sqm with ample room for expansion. Central location handy to all town amenities. Market rents indicate a monthly income of around $2,900 per month, (i.e. four units at $140 and one unit at $170 per week). Currently three units are tenanted so income from day one.
AUCTION 2:00PM 13 APRIL 2016
FAIRLIE GOLF CLUB
(UNLESS SOLD PRIOR)
5
5
2024m2
