Discover Timaru. We call it home too. For all things real estate, think PB.

This exceptional property offers the perfect balance of grandeur and functionality, ideal for a spacious family home or an exciting Bed & Breakfast venture. Perfectly positioned within walking distance of Timaru's CBD and the iconic Caroline Bay, this home represents a rare real estate gem. Beautifully renovated and impeccably maintained, the home blends timeless character with modern convenience across an expansive 467 sqm layout. Featuring five bedrooms and five bathrooms, the upper level serves as the heart of the home, showcasing an open-plan living space with a premium kitchen and breathtaking views of Caroline Bay. Step outside to the inviting outdoor entertaining area, seamlessly connected to the indoor living spaces. The lower level is configured to cater to a large family or guests, with an elegant entrance foyer, formal lounge, separate living area and the second modern kitchen. Every detail of this property has been carefully considered to offer unparalleled comfort and convenience. Features include multiple heating options, upgraded wiring and plumbing, a four-car internal-access garage, and a dedicated office or study. Opportunities like this are rare in Timaru. Don't miss the chance to own a home of such exceptional quality and scale.

By Negotiation

This offering presents numerous opportunities. Purchase it as an investment receiving income from the commercial lease and by renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. It could also be purchased as a home and income opportunity, where the commercial lease provides an income stream – the choice is yours! Approximately 75% of the 2,233m2 flat section comprises of an approximately 166m2 commercial building in good condition with a large retail area, office space and kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, and an existing lease in place with one more right of renewal, and is well located across from Mes Amis Cafe and Ikon Machinery in Orari, with good traffic flow. The balance of the area comprises of an approximately 80m2 three double bedroom, one bathroom 1970's ex-Twizel house, relocated in the 1990's. The tidy home has a functional kitchen/dining area that opens out to the lounge with log burner, heat pump and heat transfer system. All bedrooms have built in wardrobes, there is a modernised bathroom with an adjoining separate toilet, and a separate laundry area with external access. The house is screened visually from the roadside commercial frontage by a large hedge that also buffers road noise, helping to create a private hideaway. It has its own vehicle entrance and access to an approximately 72m2 double garage (shared with leasee) with workshop and attached storage area. The dwelling is now vacant and available for immediate possession. The property has 2 Units of Orari Water, 2,000 litre holding tank and is on septic tanks. Call Anna to find out more and arrange your private viewing. Deadline Sale: Closes Thursday 8th May, 2025 at 12:00pm (unless sold prior) + GST if any.

Deadline Sale 08 May 2025

This offering presents numerous opportunities. Purchase it as an investment receiving income from the commercial lease and by renting out the dwelling – which would suit a range of tenants such as farm staff, downsizers, young couples, or families. It could also be purchased as a home and income opportunity, where the commercial lease provides an income stream – the choice is yours! Approximately 75% of the 2,233m2 flat section comprises of an approximately 166m2 commercial building in good condition with a large retail area, office space and kitchen and toilet facilities. It has its own vehicle access off State Highway 1, a large storage yard, and an existing lease in place with one more right of renewal, and is well located across from Mes Amis Cafe and Ikon Machinery in Orari, with good traffic flow. The balance of the area comprises of an approximately 80m2 three double bedroom, one bathroom 1970's ex-Twizel house, relocated in the 1990's. The tidy home has a functional kitchen/dining area that opens out to the lounge with log burner, heat pump and heat transfer system. All bedrooms have built in wardrobes, there is a modernised bathroom with an adjoining separate toilet, and a separate laundry area with external access. The house is screened visually from the roadside commercial frontage by a large hedge that also buffers road noise, helping to create a private hideaway. It has its own vehicle entrance and access to an approximately 72m2 double garage (shared with leasee) with workshop and attached storage area. The dwelling is now vacant and available for immediate possession. The property has 2 Units of Orari Water, 2,000 litre holding tank and is on septic tanks. Call Anna to find out more and arrange your private viewing. Deadline Sale: Closes Thursday 8th May, 2025 at 12:00pm (unless sold prior) + GST if any.

Deadline Sale 08 May 2025