50B Chain Hills Highway, Omarama, Waitaki, Otago

50B Chain Hills Highway, Omarama, Waitaki, Otago | Tall Poppy

Character Holiday Home – $499,000

50B Chain Hills Highway, Omarama, Waitaki

Land area

497m2

Property Sold

Last update a month ago

About this sold property

For Sale - $499,000 | 617m2 Section with Character-Filled Holiday Home

Full of charm and history, this unique Omarama property has been faithfully maintained and thoughtfully upgraded by its long-term owners. Now it presents a rare opportunity for new owners to create their own memories, whether as a permanent residence, a holiday retreat, or an Airbnb investment.

The home offers three generous bedrooms, original Rimu timber floors, and the added character of a coal range still in working order. Constructed in solid Oamaru stone, the home is naturally insulated, with both heating and cooling well catered for, providing comfort throughout the seasons.

Set on a 617m2 section, the property captures the relaxed village atmosphere Omarama is so well known for, without the traffic pressures of larger centres. With holiday home ownership in the Waitaki/Mackenzie region continuing to grow, opportunities such as this are seldom available.

Adding further appeal, the adjoining 497m2 section (RV $220,000) is not included in the sale, but can also be purchased

RV House $520,000 RV section $220,000

Price: $499,000 House only

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Key selling points

    About this property

    Improvement Valuation (IV)

    $295,000

    Land Valuation (LV)

    $225,000

    Rateable Value (RV)

    $520,000

    Rates

    $3009.62 + $467.50

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