Why choose between a family home, rental income and future development potential when this property offers all three?
Positioned on a fully fenced 612m² freehold section in the Terrace Housing and Apartment Buildings zone, this versatile property includes a three-bedroom main home and a separate legal one-bedroom minor dwelling.
The minor dwelling has its own kitchen, lounge, bedroom, shower and toilet, making it ideal for extended family, teenagers, guests, working from home or an additional income stream. The property previously achieved a combined rental income of $1,100 per week, demonstrating its strong rental potential.
For buyers considering future development, the property offers several important advantages:
• THAB zoning
• Stormwater and wastewater services on site
• Road frontage
• 612m² freehold land
• Existing home and legal granny flat
• Any future development is subject to council approval and the purchaser’s own investigations.
Fully fenced and gated, with multiple off-street parking spaces and two heat pumps, the property is ready to live in or rent out now.
Ranui Train Station, local shops and amenities are within walking distance, while Henderson and Lincoln Road are only a short drive away.
Live in it, earn from it or explore its future potential.
Contact us today to arrange your viewing.
