PRICE NOW SET AT THE RESERVE

This property has a unconditional offer on it, we have one other in the area at 123 Cable Bay Block Road. See www.bayleys.co.nz/187645.\n\nShould this be a camp ground, small shopping complex or residential development?\n\nThe choice is yours with a post auction price at an unbelievable $500,000. The property at Coopers beach is right in the heart of the town. It is only 200 metres to the water. The site has 120 metres of road frontage and is between the Gas station and Foursquare. The valuation in the early 2000s was over $4 million based on projected rents for a supermarket and retail centre. A recent valuation valued at $1.4 million. CV $1.275. Act today.\n\nPrice: $495,000 (+GST if any)