Located in the desirable Napier suburb of Te Awa, this property offers a number of attractive options for first home buyers, investors and developers alike. Featuring an original 1920s bungalow, a separate studio, and a large double garage, the possibilities are abundant - renovate or develop.
The 1920s bungalow affords great potential by retaining the character of yesteryear with native timber floors and high ceilings. The kitchen is open-plan with dining and a spacious separate lounge provides comfort. The bathroom comprises a shower over bath, toilet and vanity. With its East/West aspect the property enjoys morning sunrises and captures the afternoon sun.
The separate two level studio has the option for dedicated access and off-street parking via a separate driveway. The upper level enjoys ocean views over Marine Parade to Cape Kidnappers and beyond. Built in 2003, it presents multiple options to would-be purchasers, including a stand-alone hobby space, art studio, work from home space or possibility to convert into a secondary habitable dwelling (subject to consents being obtained).
The property also represents a serious opportunity for developers requiring holding income while planning further development options, such as townhouses or apartments (subject to consents being obtained).
The home is zoned for Napier Boys' High - an easy walk away, and the waterside pathway providing a leisurely cycle or walk to Napier city.
If you are looking for a project with a multitude of options, you must view this opportunity.