- For Sale
The Old Mill Napier is located on one of the few remaining large, developable landholdings in the Hospital Hill area. Comprising approximately 1.6ha (subject to survey) of residential land with a function centre, four tenancies, a courtyard garden, large arena and an area of native bush.
This Napier Hill Character zoned land could be developed into new residential sites, whilst the new owner can draw on $22,500 net annual income from the function centre and $63,440 from the four residential tenancies.
There is also potential for an owner-occupier to run the function centre business themselves while exploring future development options.
Preliminary development surveys have been carried out, providing a range of options to explore.
Contact Rob for further details.
Ref #: 217189