This is a unique opportunity you should grab instantly without a second thought.
A two level property comprises two big units ( 3 Bedrooms & 4 bedrooms) with two individual titles, offers a wonderful cash flow,
36A (Downstairs) offers 4 bedrooms, generous living and separate laudry room
36B
(Upstairs ) offers 3 bedrooms, a full bathroom and an extra toilet, and the open plan dining and spacious lounge are bright and airy with an adjacent balcony for relaxing.
The current owners have recently done a full renovation and both units are in very good condition with tenants are happy to stay on. The total rent is $1100 weekly which generates a great income.
This property is sitting on 830m² land, zoning T.H.A.B--allowing for high density development under current Auckland Unitary Plan. To take the advantage of this, the current vendor has done an architecture design to build another 2 units behind the existing two level house. The new owner who is able to continue the plan is going to enjoy a exremely excellent income and capital gain.
The location is really handy, Close to town,all amenities and schools, just 3 minutes drive to motorway SH1.
Be quick to secure this solid investment or explore the possible development (Subject to council approval) opportunity.