Solid investment opportunity


1A Dillons Point Road, Islington

Asking Price NZD $495,000

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Solid investment opportunity | 1A Dillons Point Road, Islington | 4133139 |      X Close
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Solid investment opportunity


Blenheim Station Backpackers is currently used as viticulture accommodation, offering four bedrooms for approximately seven months a year with very good returns. With an accommodation agreement in place and the right to renew, there is further opportunity for the balance of the year to run as full-time backpacker accommodation providing further income.

To double-up as a solid investment, 1 Dillons Point Road is also available to purchase with the same viticulture accommodation agreement in place and corresponding positive returns. The home consists of an open plan kitchen, dining and lounge, four double bedrooms with inbuilt bunks and three single beds with mattresses, bathroom block attached to dwelling and additional bathroom. Heating is supplied by insulation to walls and ceiling, heatpump and panel heaters in bedrooms to ensure warmth in the winter months.

Easy care grounds with plenty of parking and the benefit of short walking distance to CBD and local amenities. If you're wanting to secure this investment opportunity, contact Grant today.

1A Dillons Point Road is subject to a contemporaneous settlement condition, where 1 Dillons Point Road goes under contract it settles in conjunction with 1A Dillons Point Road.

This property will be sold plus GST (if any).

Builders and LIM reports are available upon request.

1A Dillons Point Road, Islington

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