This is an opportunity not to be missed, situated on a generous 766sqm section, in a fantastic location in Te Rapa. This property offers two separate homes, a solid three bedroom brick property and a separate one bedroom home, freshly renovated, with garage.
Both properties are currently rented and generate a combined rental return of $1,050 per week.
For investors and developers, this property presents an exciting opportunity with subdivision or development potential. Zoned residential high density. Explore the possibilities to maximize returns in this growing market. (Please note you will have to complete your own due diligence). Flanked by residential dwellings, used as office premises, this presents another potential opportunity with council consent.
A perfect spot for the extended family or live in one house and receive a passive income from the other. If you are looking for multi-family living, potential business premises, or an investment opportunity, this property has it covered.
Current owners have enjoyed the returns for the past 11 years - don't miss out on your chance to own this incredible opportunity!

Contact the listing agent Shayne to arrange a viewing or to request more information.