Ideal for large families, extended families, two families consolidating to reduce their mortgage commitments, or savvy buyers seeking a home with an additional income stream. This property, legally designated as a "home and income," sits on a sunny site with a rare freehold title, Perfect for a variety of families, large, extended families, dual-family arrangements looking to reduce mortgage commitments, or astute buyers interested in a property with supplementary income potential.
The primary dwelling boasts a family-oriented design spread over two levels. The current main residence features a modern kitchen with a breakfast bar seamlessly connected to a spacious casual area, leading out to a sheltered courtyard ideal for outdoor dining and family time. Additionally, there are separate dining and lounge areas for formal gatherings and relaxed moments. Completing the ground level are a laundry, family bathroom, fifth bedroom, and an internal access double garage. Upstairs, the expansive master suite includes an ensuite, accompanied by three more bedrooms, a separate toilet, and another family bathroom.
The secondary dwelling provides independent living space with its own entrance and is currently operating as a successful Airbnb, offering a reliable income stream. Recently refreshed with new paint and carpet, the ground floor comprises a kitchen, generous living area, guest powder room, and internal access garage. Upstairs, there's a spacious family bathroom and two double bedrooms.
Both residences feature internal access garaging, designated parking, and outdoor areas.
Strategically located in the heart of Waterloo and zoned for Waterloo Primary, Hutt Intermediate, and Hutt Valley High, this property fosters a strong sense of community, with nearby amenities including a shopping center, kindergarten, and the Waterloo Interchange, all within walking distance.
This exceptional home and income opportunity demands a personal viewing to fully appreciate its value! A LIM report and rental appraisals are available upon request.
