Huge subdivision and development potential. It's zoned for terrace housing and apartments. The two homes are currently on two separate titles with a total area of 1339m2. Located at the heart of sought-after Blockhouse Bay area with sunny North-facing aspect and extremely close to all convenient amenities including supermarkets, great restaurants, cafes and public transportation.

Whether you are a developer or a strategic investor, this rare opportunity is not to be missed. Flat 1 is a family home consisting of 4 bedrooms, 2 bathrooms (including ensuite) and a separate toilet with a sunny lounge and low maintenance garden. Flat 2 is a large 5 Bedroom home with 2 bathrooms, a large open plan living/dining flowing to a deck and a swimming pool. Both houses were built in 1980's with solid plaster cladding. They are currently returning $65,000 p.a. in total.

-CV: $2,040,000 (two properties as of 2017)

-Two Homes (4 bedrooms and 5 bedrooms houses)

-Magnificent views

-Great Cashflow

-Blockhouse Bay Primary, Intermediate and Lynfield College Zone

The motivated vendor has given clear instruction to sell. Please phone or email now for more information.