Renovate, Develop, or Landbank
Positioned on a sizeable 809m2 (approx.) site, a unique opportunity presents itself for savvy investors. Bordering the city fringe in convenient proximity to all amenities and schooling, and located in an up-and-coming suburb, this property has the formula for substantial capital gain. Bring your imagination, elbow grease, and get stuck in.
Having been well-utilised in the past, this property is now calling for some love and attention to bring it back to life. Cleverly configured to maximise a dual living set up, combined families with long term goals in sight could certainly reap the rewards. Downstairs you'll find the main kitchen, dining, living, three bedrooms plus a study, all serviced by a main bathroom, large laundry with second shower, and a large front yard and rear garden. Upstairs you'll find a secondary kitchen, second living that could also be utilised as a very large bedroom, plus a further single bedroom and two smaller rooms suitable for kids, storage, or alternative living areas, all flowing out to your own private backyard completely separate from the downstairs spaces.
As a developer, the options are boundless. With Proposed Housing Choice - Plan Change 26 inviting the opportunity for higher density subdivisions, the potential on this large site is a worthwhile exploration. And for those who love a good project, you'll thoroughly enjoy the design options on offer with such a spacious floor plan.
So, if hard work doesn't scare you and you're looking for something unique with options then this is one you simply need to see.
For Sale
$879,000
Property ID:
EGT11482
Legal Description:
Lot 35, DPS 2670
Year Built*:
1950's
Exterior Construction:
Fibre Cement, Weatherboard - Timber
Roof:
Longrun
Joinery:
Timber
Land Area:
809 square metres (approx)
House Area*:
210 square metres (approx)
Bedrooms:
4
Office:
Yes
Garaging:
Single
Chattels:
Fixed Floor Coverings (as is), Light Fittings (as is), Dishwasher (as is), Heat Pump x 1 (as is), Stove - Freestanding Electric (as is), Electric Heater x 1 (as is)
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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