Perched high on a sunny west-facing slope, this Grey Lynn villa offers so many flexible scenarios to discerning Grey Lynn buyers.
With character retained, owner-occupiers will appreciate the crisp neutral colour palette used throughout this home. You'll be impressed by the generous proportions of the master bedroom, with built in wardrobe and extra storage options available. The passive income from the 'other half' of the home will be an attractive feature, helping top up the mortgage for those looking to get into Grey Lynn.
Investors on the other hand will find the 2 x 2 bedroom 'flats' with off street parking, a large storage shed and level back yard instantly appealing for their rental portfolios as they are well aware city fringe living is always in high rental demand. The property has been appraised with a combined rent of $1050+ per week.
There's also the opportunity of utilising the 430m2 section in this sought after location to create a spacious four-bedroom family home (with two car off street parking). Resource consent has been granted to replace the old garage with a studio, which is a real bonus for those looking to add significant value.
Whatever your position on this property, you will need to be ready to bid on auction day as these owners have outgrown their half of the home and want it sold!
View the video on www.mattandryan.co.nz
COMPLIMENTARY REPORTS AVAILABLE
Download information for this property including: Auction Documents, LIM Report, Title, Rental Appraisal and Floor Plan, by copying the following link and pasting it into your web browser:
http://www.myagent.co.nz/tour/23693/gallery/
