1 + 2 = FREE!
Given the underlying land value of this 635m2 parcel, it could be argued that the two flats currently occupying it are simply the icing on the cake. Being sold together, the opportunity to secure control of the whole site is a bonus for land bankers or investors.
Comprising 1 x 1 bedroom and 1 x 2 bedroom, with open plan living and heatpump, each flat is also accompanied by its own garage. Very tidy as they are, with all EQC repairs completed, but still scope to further update if you wish.
Currently rented to excellent tenants (one tenant on fixed term tenancy/ one tenant on periodic tenancy) and returning a total of $680 p.w. this provides superb holding income while you plan the optimum long term use of this prime parcel.
Ideally placed close to shops and transport networks, the superb school zoning (Elmwood Primary, Heaton Intermediate, CBHS & CGHS) adds to the appeal. And with our clients needing to free up capital for an upcoming venture, the timing is perfect for you to take advantage of their motivation.
To download the property information file please click on the attached file:
View: http://www.propertyfiles.co.nz/property/CR34737
** Auction brought forward to 4pm on Friday, 22nd September **
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