• Zoned Residential 1, 6895sqm (more or less)
• Development potential
• Operating Bed & Breakfast/Function Centre
Nestled proudly at the top of Perth Street this stately home with commanding views to the east coast is a rare proposition. With 6895sqm (more or less) of expansive manicured grounds the potential to develop, land bank or simply enjoy the property and all that it offers is yours for the choosing.
The historic estate, built in 1864 offers the new owner a magnificent family home and the opportunity to enhance the current business of a Function Centre and Bed & Breakfast.
Boasting a floor area of 700sqm (approximately) the Oamaru stone homestead, rich in history, retains many stunning architectural features from a period when the art of craftsmanship was honed. With the grand hallway, entrance foyer, multiple reception rooms and ballroom, all enjoying sweeping views to the gardens it is easy to appreciate why the venue has been recognised as one of the top wedding/function venues in Oamaru.
Large entertainment areas throughout the building provide excellent space for functions and events, and are supported by a commercial kitchen, bar area and terrace. To the rear of the property is the private residence with four large bedrooms, two bathrooms, separate lounge and modern kitchen. A private courtyard with all day sun flows off this area, allowing superb indoor-outdoor flow for those long summer evenings.
For those looking for an income opportunity, the stunning property and sweeping gardens lend themselves superbly as an events centre, or more recently as a B&B operation. While the development potential is undeniable for savvy investors looking to land-bank in this emerging coastal township. Call now for more information.
Investment Type: Vacant Building or Land
Commercial Type: Other