Rarely available opportunity & on the market for the first time in 25 years.
An investor's dream, this permanent material property has given our vendor impressive long term capital gains, whilst enjoying a healthy rental income, due to its location, a stone's throw from the university.
Currently rented as a 4 bedroom house, insulated to meet Healthy Homes Standards, & with a lease in place until January 2022 to guarantee your returns going forward.
A family planning for the future will note the location gives entry by right to our most sought after high schools - Boys' & Girls' High, also Burnside, with Ilam & St Patrick's as primary options.
The old house is as solid as a rock. If you're looking for some good bones to modernize & renovate, there is incredible potential to add a ton of value here & create your dream family home in this desirable suburb. Or, for the more adventurous, the site, like many others in the area, would be a perfect location for a new architectural home.
This property ticks all the boxes & won't sit around. Don't delay.... get along to the first open homes so you don't miss out.
Our owner has firm plans & wants a sale on or before auction day.
Contact us at any time if you have questions.
http://www.propertyfiles.co.nz/property/CR44346
Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same
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