- Price Guide: Buy
-
By Negotiation
- Bedrooms:
-
3
- Bathrooms:
-
1
- Car Spaces:
-
1
Details
Omarama Prime Development Opportunity – 13,914 m² with Strong Holding Income
An outstanding opportunity to secure a large 13,914 square metre (approx. 1.39 ha) landholding at the southern gateway to Omarama, positioned on the left-hand side as you depart the township.
Originally acquired with a motel development vision, this strategically located site now presents a rare chance for the next owner to develop, landbank, or expand tourism or hospitality offerings in one of Central Otago’s fastest-growing destination towns.
Key Highlights:
*Substantial 13,914 m² section with excellent frontage and accessibility
*Two well-maintained 3-bedroom houses on-site
*Fully tenanted, generating a combined income of $45,500 per annum
*Provides immediate cash flow to support holding or staged development
*Prime location suited to a restaurant, lodge, motel, or visitor accommodation
*One corner of the site offers attractive elevated views, ideal for a private residence, owners’ accommodation, or premium build
*High-profile positioning capturing passing traffic and tourism flow
An outstanding opportunity to secure a large 13,914 square metre (approx. 1.39 ha) landholding at the southern gateway to Omarama, positioned on the left-hand side as you depart the township.
Originally acquired with a motel development vision, this strategically located site now presents a rare chance for the next owner to develop, landbank, or expand tourism or hospitality offerings in one of Central Otago’s fastest-growing destination towns.
Key Highlights:
*Substantial 13,914 m² section with excellent frontage and accessibility
*Two well-maintained 3-bedroom houses on-site
*Fully tenanted, generating a combined income of $45,500 per annum
*Provides immediate cash flow to support holding or staged development
*Prime location suited to a restaurant, lodge, motel, or visitor accommodation
*One corner of the site offers attractive elevated views, ideal for a private residence, owners’ accommodation, or premium build
*High-profile positioning capturing passing traffic and tourism flow
Property Details
Property Type
Residential
Residential
Property Category
House
House
Garages
1
1
House Size
192.0 Sqm
192.0 Sqm
Land Size
1.3863 Hectare(s)
1.3863 Hectare(s)
Inspection Times
By appointment