At first glance you may not see the possibilities here. With a generous 816m2 section that hosts a 110m2 house that sits less than 3metres from the boundary, you'd assume it's just a typical renovation job. Right? Maybe not...
This 1950's home is built in an era renowned for producing 'good bones' so this tired three bedroom family home would make a great renovation project for the average investor. But what if you weren't an average investor & knew how to develop this property into something a little more than what it is? Supply & demand for low maintenance sections is driving opportunity into properties that previously wouldn't have been considered.
Can you sub divide this property? Perhaps. Is the driveway too narrow? Perhaps. Is it more cost effective to remove the house entirely? Perhaps. Sooo this could be a GREAT typical renovation with a solid 1950's home on a large section OR it could be a LUCKY BREAK for your next small development. Lucky for you the vendors aren't in a position right now to do the work on the current home or look into the subdivision potential or they'd be doing it themselves. Now is your chance. Call Karen Russell to view 0274078044 or email karen@bamre.co.nz.
* Three double bedrooms
* Large separate laundry
* Separate WC
* Instant gas hot water
* Heat pump
* Recently insulated in ceilings & underfloor
* Single garage with large workshop
* Hobbies room
* Large 816m2 flat, sunny section
* Close to shops, schools & public transport
* R.V. $510,000.00, House 110m2, Site 816m2, Age 1950's, Rates $2,819.29 p/a
Text 536ferg to 3324 for your webbook of this property.
