1259 m2 Terraced Housing site...!!!
THE VALUE IS IN THE LAND....!!!
The Government wants more homes built.......Bring your designer to investigate the possibilities of this large site comprising two homes on a cross lease site. Both properties are for sale as a package allowing this site to be fully developed within the parameters of the Unitary plan.
The front house is a tired 1960's bungalow that is in poor condition and requires a top to toe renovation if you are brave enough to create rental income as you plan your multi unit development. Our overseas Vendor is ready to sell and can see the sense of offering both properties as one parcel to allow developers the chance to create something special in this zone so close to all Glen Eden offers.
The rear home is a three bedroom home in tidy condition throughout and able to be rented with ease, to help with holding costs as you plan your next move.
Offering open plan living and garaging under plus decking to the West, this has been a great Family home and is Rent appraised at around $30,000.00 annually. Our vendor is selling to allow the potential of this site to be unlocked by the astute developer that wants to maximize potential from this central position just behind the Town centre.
Both properties are being sold as one parcel making up the 1259 m2 of land.
Call Paul today to discuss potential options....0800947797
Open for Inspection Contact Agent