Development potential subject to council consent with land-bank and holding income for the avid investor or developer.
All the services are well located for future development. Views can be seen from the dining of the front property.
URBAN ZONE allows for 45% building coverage and 11 metres max building height
Three bedrooms home plus one bedroom home in desirable school area with fantastic tenants in place.
These two properties are a legal home and income with separate power and water metres on 869m2 Urban zoned land with two vehicle crossings off the quiet Cul- de- sac.
The front three-bedroom home is in a tidy state with heat pump and very considerate tenants who look after the property well, there is both parking at the front and a single garage on the back with separate driveway.
The back house is in an ok condition, with potential to add value to increase the rental income and has a great tenant in place.
Look to hold both for their rental income while you discuss your future plans with your architect and the council.
Deadline sale: 9th July 2018 (or sold prior)
Contact Jess@propertyventures.co.nz
021 212 3980
Contact Hamish@propertyventures.co.nz
022 099 6849
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