Don't be deceived by the classic facade of this charming villa. The new roof gives a hint to the extensive renovations which have taken place over recent years. This classic villa has been re-imagined into three separate flats, two one-bedroom flats and a third flat which offers two bedrooms. The high ceilings and generous proportions remain and now the tenants enjoy new kitchens, bathrooms, and laundries.
This offers the new owner a multiple income stream in an area popular with students as well as professionals as this location is within walking distance of the hospital, university, polytechnic, and CBD with the Gardens Village close at hand.
Always sought after is the value add this is provided by a Resource Consent which has been granted for further development with the new owner being able to build three one-bedroom units on the front of the property, this area is currently used for parking.
This property is for sale by deadline but the owners will consider prior offers, don't delay and risk missing out on this three-for-one opportunity a great way to start or add to your investment portfolio.
