Unique Opportunity with Current Income Stream

90 Waimumu Road, Waimumu

$795,000

2140m2
1.33ha
  • Property IDGOR40084
  • Property TypeIndustrial to Buy
  • Price$795,000 Plus GST (if any)
  • Floor Area2140m2 more or less
  • Land Area1.33 hectares (3.29 Acres)

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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.
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Derek Ayson

Derek Ayson

Branch Manager - Rural & Lifestyle Sales

Brent Irving

Brent Irving

Rural & Lifestyle Sales Consultant