ZONED: Residential - Multi unit (Residential-Mixed Housing Urban Zone)
Make plans to make some money!
Here are x2 separate dwellings on the same large freehold corner site. With one property already rented there is instant guaranteed income. You can rent out the other 4 bedroom, 2.5 bathroom home or live in it yourself whilst you make your plans to develop and reap the rewards.
LOCATED ON A PRIME CORNER site with services nearby, 68 Grove Road offers a combined annual rental return of $81,640 making this a smart investment which is cash positive.
Key features include:
· 1,012m² Freehold land area - fully fenced
· 300 m2 & 260m² floor space over both dwellings with ample off street parking - possibility to subdivide on to two titles
· Returning $81,640 per annum
· 8 bedrooms & 4.5 bathrooms (combined)
· Separate power/ internet connections to both properties
· Certified firewall between each home
· Renovations completed 7 years prior with a new roof, double glazing, and an electrical wiring upgrade
· Spacious corner section with potential for dual access from Grove Road and Sunburst Street
· MIXED HOUSING/URBAN ZONING - future development potential
Conveniently located to Takanini and Papakura shopping centres with various amenities nearby, including shops, schools, and public transportation (walking distance to trains and buses). Only minutes to the Southern Motorway, so whether you're looking to explore the local area or commute to work, everything is within easy reach.
Be quick to cash in on this one ... enquire today for more information and make a smart move before somebody else does!
