Sold - 11.12.2019
If you are a developer, visionary land banker or investor we have a rare opportunity for you to seize without delay. This mixed housing urban zoned 724sqm property offers various options of investment potential ready to be unlocked by the new owner.
Recently capitalised as a dual income, this generously proportioned, semi-detached duplex is currently configured as 2 one bedroom units. The rental income is in excess of $50,000+p.a. Originally built in the 1940's the home has stood the test of time, been well-maintained and undergone significant improvements including new joinery, bathroom and a fresh paint job on both the exterior and interior. The two living areas open onto large decks which are perfectly appointed to enjoy your summer days, creating a feeling of relaxation and comfort. The home itself is positioned on a site next to three R.O.W driveways maximising sunshine and light whilst offering plenty of privacy and security. With unitary plan zoning allowing for 11m building height the ability to maximise sea views is an exciting proposition for the purchaser whilst benefiting from rental income in the meantime.
Located close to amenities with Tamaki Drive and Mission Bay and the CBD close by this properties location has everything you need for a lifestyle of ease and recreation. Zoned for Orakei school and Selwyn College the property is walking distance from main transport routes with endless potential through the convenience of location.
An opportunity not to be missed whether it be to capitalise on the dual-income potential, develop or to make an investment decision this property will offer you nothing but great returns. Get in contact with Ross or Simonne today to secure this package.
* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.