In the popular school zone of Aberdeen primary sit these two investment properties that are just begging for improvement. The front house although build in brick could do with a pull through to bring it up to todays standards. With a huge kitchen complete with dishwasher and a massive lounge there is room for a large gathering and space for the whole family. 3 bedrooms, conservatory and large bathroom complete this house. A double garage and extra car parking are an added bonus. The tenant has been there for many years and is keen to stay.
The rear house has 3 bedrooms, spacious living, good indoor-outdoor flow to a good sized fully fenced yard. The usual conveniences including heat pump for those cold winter nights. Constructed of low maintenance materials this tenant is also keen to stay. A double garage completes this house too.
There are a few options to capitalise on this property. Keep the houses where they are and subdivide. Take the houses away and build a possible two duplexes (all subject to council approval) or renovate both houses and keep as an investment with lower rates compared to having two titles. All on 983m2 of land.
My vendors are keen to move onto something else and will look at all serious offers. Keep an eye out for the open homes.
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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