Time for a change

Not often an opportunity to own a property like this comes along, so it makes sense to seize the chance while you can. Located on the popular Westside of the Rakaia township, you have a residentially zoned building on a total of 2024sqm over two separate titles. Keep it as it is and you have a function room with kitchen, bar, toilets, and plenty of space for parking or if you don’t need that much land, then you could look into the potential of subdividing. The options are there for the taking, what will you decide to do?

Legal Description Section 298 Town of Rakaia, Certificate of Title (CB40/255)
Rateable Value $146,000
Land Value $146,000
Rates $339.33

Legal Description Section 296 Town of Rakaia, Certificate of Title (CB435/106)
Rateable Value $195,000
Land Value $146,000
Improvement Value $49,000
Rates $2,104.11