Unique Opportunity with Current Income Stream
90 Waimumu Road, Waimumu
$795,000
2140m2
Viewing times
There are currently no scheduled open homes.
Here we have a very unique property with loads of potential! Formally the DSIR Research Station, this building is huge, and still in very good condition! It is situated only minutes from Gore, on an elevated, sheltered site, looking north towards the Hokonui Hills and beyond.
The main building has numerous office spaces, toilet blocks, a drying room, and tunnel houses, some of which are currently rented by various companies for agricultural plant research, but with many more rooms available to rent. At one end, there are two tastefully modernised two bedroom flats, both currently tenanted. At the other end of the property there are a large array of lockable sheds, with plenty of secure storage. Some of these sheds are also currently rented, with plenty more available. Water and sewage are both from town supply.
Do not miss out on this fantastic opportunity to call it your own and take it to the next level.
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.
