Northcote Real Estate

BUSINESS WITH PLEASURE! Property files copy and paste the link into your browser https://www.propertyfiles.co.nz/property/L33336319 For the first time in more than three decades, this beautifully restored colonial building dating from circa 1800s is offered for sale as a unique combination of Retail and Accommodation, a commercial investment like no other. Here is an opportunity for an investor to acquire a slice of Akaroa's French Provincial heritage, not only to receive excellent returns, but to become a guardian of antiquity for the future. Contained on a Freehold 392sqm, the property is part of Akaroa's commercial core, a prime position directly facing the Harbour with an attractive outlook. This is the main shopping precinct and the three retail tenancies are well patronized and thriving. Together they return approximately 58k + GST. Add the rental from the very popular, chic apartment upstairs and the income increases significantly. We can see this appealing to a diverse range of investors. The prospect of owning a holiday home in this historic French settlement, now one of the South Island's most loved destinations, is a temptation in itself, but one that is self-funded is even more exciting! Those contemplating retiring to Banks Peninsula might consider living in this delightful two bedroom apartment. Well-maintained and renovated over the years, décor is chic with a modern kitchen and bathroom and two balconies. Managed by the very efficient, 'Perfect Stays', the apartment is in demand and seldom vacant. Investment opportunities in this affordable price range are a rarity. We urge you to take a trip over the hill to check this out. We are sure you will be captivated! ** Floor areas are estimated and have not been independently verified. Information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy.