With so much VALUE and opportunity options, this 4 bedroom, 2 bathroom property is one you must not miss!
Valued Features Include:
Top level of the property is a beautiful 3 bedroom, 1 bathroom home with stunning views of Wellington. The wooden detailing throughout gives this home a unique and elegant feel.
The lower level can be used as a self contained 1 bedroom, 1 bathroom home. It is a good way to earn extra money/income by renting it out OR this can be used by another family member who wants their own space & privacy. Add in your own work, personal touches or upgrades so you can bring even better value to it.
With the large section of land (809m2), located at the rear of the house, you can potentially build a 2nd Home (see concept photo design in the last photo) OR potentially build 2 units. As advised by my vendor, the subdivision currently has approved resource consent and building consent. Reap the rewards by completing the subdivision. Most of the hard work has been done. There is the potential to have a separate section ready to sell, build a 2nd Home or perhaps 2 units. Please do your due diligence regarding the subdivision.
The top floor was very recently rented for $600 per week while the bottom floor was previously rented for $390 per week. A total of $990 per week. With these numbers and the calculation, gives the property a gross rental of $51,480 per year ($990 X 52 weeks)
- The property also has a unique garage / workshop which has a loft space up top that can be used for storage or perhaps a kids playroom. You decide how you want to make use of it.
- Land: Approx. 809m2 (more or less)
Contact Phil Mac (021 057 6489)
