Two Incomes, One Smart Move
Rewards in the real estate market come from being savvy enough to spot a great opportunity when it is presented to you. This property comprises two two bedroom homes on one site in a fantastic Pillans Point location. One is a character weatherboard home, liveable as it is but those with vision will see what this home could become with a renovator's eye. The front yard of this cute old home has old established trees and being in the cul-de-sac end of the street, is quiet and private - it's quite beautiful. Behind this character is another two bedroom home - separate from the front home but attached to its crosslease partner. This second home is of a later vintage and is solidly built but being all original is a little tired and needs a bit of love. The options here are clear; live in one home and rent out the other, or rent out both homes as has been the case for the current overseas-based owner. This is prime real estate in popular Pillans Point in a desirable cul-de-sac street. There is gain to be made here by simply giving this property some love and attention - the potential is evident and the fantastic location will withstand your investment.
Property ID:
ECH20624
Legal Description:
Firstly an estate in fee simple as to an undivided 1/2 share in all that parcel of land containing 890 square metres (more or less) being Lot 64 on Deposited Plan 36698 and Secondly an estate in Leasehold under Lease number L H531906.3 being Flat 2 on Deposited Plan South Auckland 35542 and Garage 2 on Deposited Plan South Auckland 35542. Both the first and second estates being comprised and described in Record of Title SA31C/951 (South Auckland Registry).
Exterior Construction:
Fibre Cement (back), Weatherboard - Timber (front)
Roof:
Concrete Tile (front), Longrun (back)
House Area*:
150 square metres (approx)
Bedrooms:
4
Garaging:
Single
Chattels:
Curtains, Light Fittings, Heat Pump x 2, Stove - Freestanding Electric x2
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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