For Sale

6 Garrett Place, Otara, Auckland

3
1
1
100 sq.
640 sq.

House

30+ days on the market

What's around 6 Garrett Place

Excellent Rental Yield & Land Banking Chance 6 Garrett Place, Otara

PLEASE NOTE: TO ATTEND THIS OPEN HOME, MY VACCINE PASS AND PHOTO ID IS REQUIRED. ALTERNATIVELY. ALL VISITORS MUST WEAR A MASK, ADHERE TO SCANNING REQUIREMENTS AND ALLOW FOR 1 METRE SOCIAL DISTANCING. Residential Mixed Housing Urban Zoned with a potential for subdivision & development (subject to council approval). The connection to public storm water is easily accessible and waste water connection is available on site. It has all the advantages to make an excellent site for development. A feasibility concept plan that provides for 6 townhouses from a consultant is also available. This property is suitable for all types of buyers, whether you are large or small developers, simply land-banking, buyers looking to owner-occupy, investors looking for home and income, or brothers, sisters, and close friends buying together. There is certainly potential to reap significant benefit. There is an additional, 2 bedrooms, 1 bath and 1 toilet which could be utilized as a teenage retreat or home office space, making for a better utilization of the rear yard. Also an incredible space for kids/pets to make use of the security. (There is no consent for the 2 bedroom, 1 bath and 1 toilet but you can review the LIM report for further information). The total 5 bedroom can be a home and income if consented. Rental appraisal for 3 Bedroom house is $650 to $675 per week. If the 2 unconsented additional bedroom is added rental appraisal for 5 bedroom house will be $ 750 to 850 per week Call Tara Dominic on 020 4088 4454 now for an appointment for viewing or any other information. PLEASE NOTE: Specified floor & land area sizes have been obtained from multiple sources: Property Smarts, Property-Guru, Auckland Council, or Title documents. Advertised areas have not been measured by the Salesperson or RE/MAX MEGA - Premium Realty Limited. We recommend you seek your own independent legal or expert advice if these sizes are material to your purchasing decision.

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