Get your foot in the door, or make your mark and reap the attractive benefits along the way with this fantastic opportunity. Currently generating a weekly intake of $920 with the possibility to maintain the existing rental agreement, this property provides a lucrative starting point while you ponder any future plans. With a prime position in a visible Mount Maunganui location, the options to explore commercial/business conversion options with the necessary consents, are also abundant.
Perched on a generous site in Mount Maunganui, the home spans two storeys. The lower level comprises four bedrooms and a utility area, and you'll find an additional three bedrooms up top, the kitchen, living, plus an outlook across neighbouring rooftops. Off-street parking is generous, catering for multiple residents, guests and the beach toys alike.
A garage/annex exists to the rear offering a consented bedroom and bathroom and caters to options suiting various living situations and guest overflow (the garage is currently set-up as an unconsented living area). If you're power tool savvy or a design visionary, this gem packs a punch with unrealised potential.
This prime location is a drawcard for keen golfers and sits mere moments from the greens. Retail and commercial hubs, schooling, and speedy arterial route access are all within easy reach.
Whether you already have a project in mind or are looking to add to your investment portfolio, this is your moment to seize. Will be sold as is where is.
Property ID:
EPA19442
Legal Description:
Lot 1, DPS 77864
Year Built*:
1962
Exterior Construction:
Concrete Block, Weatherboard - Timber, Mixed
Roof:
Corrugated Iron, Iron
Joinery:
Wooden
Land Area:
409 square metres (approx)
House Area*:
200 square metres (approx)
Bedrooms:
8
Chattels:
Fixed Floor Coverings, Curtains, Light Fittings, Dishwasher, Shed (as is), Alarm (as is), Heat Pump x3, Oven - Wall (as is), Hob - Electric (as is), Freestanding Stove (as is)
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.