36 Tees Street

Here is a rare opportunity to own a slice of Oamaru architecture, properties in this location seldom come available!
Backing onto Oamaru's historic precinct, Tees street is the original retail street of Oamaru and has become a popular spot over the years with newly established boutique businesses, High-end Air b&b and amazing cafes and restaurants.
Nothing quite like it in town, a cute 52m2 (or more or less) shop with a beautiful front facade and great sized 397m2 (or more or less) section, the last bit of land available in this area that hasn't been developed on!
The shop has been renovated in recent years and features a retail space at the front with heat pump, out the back is a small modern kitchenette and outdoor toilet with gas hot water.
The property has excellent tenants in place and is currently leased as a popular dog groomers and dog daycare (Baarkers). Lease PA is $20,800 + GST which includes rates and insurance, a great return!
Current lease is 3 years x 3 years x 3 years and started on the 17th may 2021 so very solid lease in place making a perfect investment with the potential to do something amazing with the land later down the track!

Enquiries over $329,000 + gst if any.
Please contact Devin on phone 0277070011 not email as I'm having issues receiving them.