Property listing ID: 826548
Seated upon its 809m2 flush section within the Mixed Housing Urban Zone and yielding a substantial $75,000 per annum (approx.) with two unique lodgings, 706 Te Atatu Road presents a categorical opportunity to add a superb income flow to your portfolio or to savour a home and income setup while land banking on a site with head- spinning development potential. Laid out with a wide road frontage and presently rented, the property is enriched by a sunny aspect and its picturesque coastal community. Appreciating a steady upsurge in demand for its idyllic 'Peninsula Lifestyle' amid seaward walks, parks, and a thriving village paved with cafes, restaurants, grocers, and the new local library; the position is indefinitely underpinned with every imperative and convenience, including motorway access and zoning for Matipo Primary School, Te Atatu Intermediate and Rutherford College. Currently in two separate dwellings • The rear dwelling comprises two bedrooms and one bathroom with generous open plan living embracing the oversized deck. It's entirely self-sufficient and replete with laundry, a carport with an additional park, and its own power and water meter reader. The main home comprises two separate self-contained areas • The downstairs area has a self-contained area which has a separate entry and is replete with three large bedrooms, a bathroom with WC, open living and dining, kitchen & laundry • The upstairs area comprises three double bedrooms, a spacious open living hub with an elevated deck, a kitchen, laundry, a bathroom with WC Be it a short or long-term investment project; this affords both. Developers, investors, and savvy home buyers, we implore you to move with haste and contact Cici for more information today.
Listed by Barfoot & Thompson , Cici Wang (Remuera)